Which of the Following Is Not an Element of a Blue

question 37

Multiple Choice

Which of the following is not an element of a Blue Ocean strategy?

• A)Create an uncontested market place.
• B)Make the competition irrelevant
• C)Create and capture new demand
• D)Break the value-cost tradeoff
• E)Use all resources to compete in the market place

Explain the characteristics and uses of stored-value cards.

Examine the availability schedule for deposited funds.

Understand the legal implications of misspellings and incorrect details in negotiable instruments.

Distinguish between different types of items in bank processing.

---

Definitions:

Leisure

Time spent away from work and other compulsory activities, used for relaxation or chosen activities.

Overtime

Additional time worked beyond the standard or scheduled working hours, often compensated at a higher pay rate.

Wage

A fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker.

Utility Function

A mathematical representation of how choices lead to different levels of happiness or satisfaction, showcasing preferences over a set of goods or outcomes.