Question: Apply the four action framework to two selected companiesDevelop a blue ocean strategy Select two industries based in the United States. Apply the four action

  • Apply the four action framework to two selected companiesDevelop a blue ocean strategy
  • Select two industries based in the United States. Apply the four action framework (Blue ocean strategy) to each company. The four action framework should be applied by answering the four questions below. Provide a 2-3 sentence explanation for each answer.

    1. Explain two of the factors that the industry takes for granted, but should be eliminated.
    2. Explain factors that should be reduced well below the industrys standard.
    3. Explain factors that should be raised well above the industrys standard.
    4. Identify some product/service offerings that should be offered in the industry that have never been offered or created.
    please refer to Blue ocean strategy to andwer the questions.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!