Which of the Following Best Explains Why a Blue Ocean

question 60

Multiple Choice

Which of the following best explains why a blue ocean strategy is difficult to implement?

• A) It requires the combination of fundamentally similar strategic positions-differentiation and low cost.
• B) It requires the reconciliation of fundamentally different strategic positions-differentiation and low cost.
• C) It requires the combination of fundamentally similar strategic positions-differentiation and strategic trade-offs.
• D) It requires the reconciliation of fundamentally different strategic positions-differentiation and strategic trade-offs.

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Definitions:

Internal Controls

Procedures and policies implemented within an organization to safeguard its assets, enhance the reliability of accounting records, and increase efficiency.

Effectiveness

A measure of the degree to which objectives are achieved and the extent to which targeted problems are solved, without necessarily considering the resources used.

Accounting Records

Documents and books that keep track of all financial transactions of a business or individual.

Internal Control

Procedures and processes implemented by a company to safeguard its assets, ensure financial reporting accuracy, and promote operational efficiency.