Question $31$

$3\mathrm{.}25$ pts

A blue ocean type of offensive strategy

involves inventing a new industry or distinctive market segment that renders existing competitors largely irrelevant and allows a company to create and capture altogether new demand.

$$ entails attacking rivals head$-$on with deep price discounts and continuous product innovation.

refers to initiatives by a market leader to steal customers away from unsuspecting smaller rivals.

involves a preemptive strike to secure an advantageous position in a fast$-$growing market segment.

involves the use of surprise hit$-$and$-$run guerilla tactics to harass money$-$losing rivals and drive them into bankruptcy.