A blue$-$ocean strategy

Multiple Choice

works best when a company is the industry's low$-$cost leader.

involves the use of highly creative, never$-$used$-$before strategic moves to attack the competitive weaknesses of rivals.

is an offensive strike employed by a market leader that is directed at pilfering customers away from unsuspecting rivals to boost profitability.

involves an unexpected $($out$-$of$-$the$-$blue$)$ preemptive strike to secure an advantageous position in a fast$-$growing market segment.

involves abandoning efforts to beat out competitors in existing markets and instead inventing a new