Question: How do we know if a firm is pursuing a blue ocean strategy? All of their decisions aim to lower costs below their competitors' costs.

How do we know if a firm is pursuing a blue ocean strategy?
All of their decisions aim to lower costs below their competitors' costs.
The firm works to increase their differentiation to a specific group of customers while maintaining low costs.
Some of their decisions lower costs while simultaneously adding valye.
How do we know if a firm is pursuing a blue

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