1.In Round Red, your competitors are expected to simultaneously downgrade and reduce the price of their existing products. Indeed or false

2. value true or false Innovation is only possible when cost and price structures are correctly aligned.

What is the main purpose of blue ocean strategy? A- generate and capture new demand B- defeat the competition C- compete in a dynamic market segment

What is the fundamental principle of blue ocean strategy? A- strategically aligned yourself with rivals B- developed value-added innovations C- concentrated on previous achievements

Which of the following statements regarding value innovation is false? A- both answers are false B- only technology-driven innovation is the focus of value Innovation C-innovation focuses on outperforming rivals.

Their approach to A- size B- employee wellbeing C- strategy D- operation E- share price and index consistently distinguished victors from losers in the creation of blue ocean.

7. Businesses achieving value innovation A- pursue differentiation OR price B- pursue either differentiation OR price C- pursue differentiation AND price D- pursue differentiation AND price simultaneously

A- less focused on minimization and more on risk-taking B- more focused on opportunity maximization and risk minimization C- risk-free Strategic Planning

9. ________describes the current status of a recognized market A- marketing strategy B- innovation in value C- business strategy D- strategy canvas

10. What are the most important queries to pose when challenging the current operation of an industry? A- which factors are the most significant in the current industry and how can these be increased? B- which factors are the least essential in the current industry and how can these be minimized? C- which variables can be eliminated, decreased, increased, or created?