Question: Question 2 6 . 2 . A blue ocean strategy is an offensive attack used by a market leader to steal customers away from unsuspecting
Question
A blue ocean strategy
is an offensive attack used by a market leader to steal customers away from unsuspecting smaller rivals.
involves a preemptive strike to secure an advantageous position in a fastgrowing market segment.
works best when a company is the industry's lowcost leader.
offers growth in revenues and profits by discovering or inventing a new industry or distinct market segment that renders rivals largely irrelevant and allows a company to create and capture altogether new demand.
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