Question: You read about a concept that is considered to be a powerful tool for entrepreneurs who want to create new markets instead of competing within
You read about a concept that is considered to be a powerful tool for entrepreneurs who want to create new markets instead of competing within established markets. It described different categories of markets as two different types of oceans. From the choices below, select the correct response presented in the correct orderOceans are all the industries in existence today that serve the known marketspace, where industry boundaries are defined, accepted, and the competitive rules of the game are known Oceans, in contrast, denote all the industries not in existence today the unknown market space, untainted by competition, where demand is created rather than fought over.O Vast: SharkInfestedO Blue Red Rough; Smooth SharkInfested; Vast Red, Blue Smooth: Rough
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