blue ocean

Essay specific features

 

Issue:

Book Reports

 

Written by:

Barbara M

 

Date added:

September 7, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2122

 

Was viewed:

2778 times

 

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Essay content:

The book argues that companies in existence today should not try to beat the competition but follow the blue ocean strategy approach to succeed in today's hyper competitive market space. The book defines the Red oceans as the industries that are in existence today .The boundaries of companies in Red Ocean are well defined and rules of competition are well known...
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These companies try to grab each other's market share .But the increasing competition resulting from globalization, virtually constant demand and ever increasing supply has given hard time to the red ocean companies leading to commoditization of products and services which further causes price wars and lower profit margins ...
displayed 300 characters

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