Question: Identify an accurate statement about blue ocean strategy. It relies on its existing knowledge of products to improvise on new features. It involves creating new

Identify an accurate statement about blue ocean strategy.

It relies on its existing knowledge of products to improvise on new features.

It involves creating new markets by targeting nonconsumers.

It disrupts an existing market by displacing an earlier technology.

It uses low-end disruptive innovations to compete in the market.

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