Which of the following best explains why a blue ocean strategy is difficult to implement?
A. It requires the reconciliation of fundamentally different strategic positions-differentiation and low cost.
B. It requires the reconciliation of fundamentally different strategic positions-differentiation and strategic innovation.
C. It requires the combination of fundamentally similar strategic positions-differentiation and strategic innovation.
D. It combines the benefits of similar strategic positions-differentiation and low cost.
Answer: A
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If the employee has to request permission to do something within the organization, then the employee is attempting to exercise a ______.
A. privilege B. rights C. goals D. consent
Wild Side is an adventure firm based in Wyoming. The firm organizes outdoor treks, bungee
jumping, cliff-diving, and other adventure packages for both individuals and corporates. The firm has been in robust financial health and plans to expand further to cater to the rising demand for newer adventure services, such as skydiving, rock-climbing, etc. At the end of the latest financial year, the company endorsed the following objective: "Increase sales of new adventure packages, such as rafting and skydiving (where new services are defined as those introduced within the past 2 years), to be completed by the end of the next financial year." Why would this objective fail to meet the S.M.A.R.T objective framework? A) It is not specific enough and does not clearly mentions what it intends to achieve. B) It does not indicate a specific time of initiation and completion of the objective. C) It does not specify a measure of the degree to which the objective is achieved. D) It is not achievable as it does not leverage existing skill sets of its employees.
Which of the following is a trend in ethical and sustainable sourcing?
a. Using suppliers who are reducing their carbon footprint b. Discontinuing purchases from firms that use unacceptable labor practices c. Sourcing from firms in underdeveloped nations d. All of these
The presence of venture capital for start-ups is limited outside of the United States.
Answer the following statement true (T) or false (F)