Question: 1 ) How was BYJU'S able to create an uncontested market space? To fully answer this question, develop an eliminate - reduce - raise -
How was BYJU'S able to create an uncontested market space? To fully answer this question, develop an eliminatereduceraisecreate ERRC grid for BYJU'S see below for template highlighting key factors for each quadrant. Explain your reasoning.
Eliminate
key factors
Reduce
key factors
Raise
key factors
Create
key factors
Use the insights from the grid above to create a Strategy Canvas for the test preparation industry. In your canvas, list factors of competition industry attributes on the horizontal axis. Then, create a value curve aka strategic profile for BYJU'S and an average competitor in the test preparation industry. You can use the attached ppt template Download attached ppt templateKim & Mauborgne or the Tableau template Download Tableau templateto create your strategy canvas. Use this website to refresh your knowledge of the strategy canvas and to see examples eg Apple's iPhone
Identify at least two tiers of noncustomersLinks to an external site. that BYJU'S was able to attract with its blue ocean strategy. Describe the noncustomer groups BYJU'S targeted and explain how the company was able to address these noncustomers' main pinpoints. Hint: You can refer back to your ERRC grid to answer this question.
Finally, what course of action would you recommend to BYJU'S CEO to ensure their sustained competitive advantage given the increase in the number of competitors in the EdTech space? Be as specific as possible with your recommendations. Make sure they are feasible and take into consideration available resources and time.
Instructions: Maximum Length and Format: pages, singlespaced, one inch margins on all four sides, point Times New Roman font. Reference and any tables andor figures should be included at the end would not be counted toward the page limit and should follow APA styleLinks to an external site..
Note: APA style is only required for references and intext citations. You do not need to include an Abstract or any other APA elements to your report.
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