When a blue ocean strategy fails, a company lacks both a distinct point of uniqueness and a distinct cost-leadership profile. The phrase <u>"stuck in the middle"</u> describes this circumstance.
<h3><u>What does "Blue Ocean Strategy" entail?</u></h3>
Blue Ocean Strategy is applicable to all industries and types of businesses. It is not exclusive to a single company. In the current business climate, the majority of businesses compete fiercely for market share. The viability of a company's operations is always a possibility when the product is subject to pricing pressure.
This circumstance typically arises when the company is competing in a crowded market, also referred to as a "Red Ocean." Businesses aim to locate verticals or new company opportunities where they can enjoy uncontested market share or a "Blue Ocean" where there is little possibility for growth. There is a "blue ocean" when there is the potential for larger profitability despite existing or insignificant competition.
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Limited liability can best be defined as the legal provision that "shields owners of a corporation from losing more than what they invested in a firm".
<u>Option:</u> C
<u>Explanation:</u>
Limited liability is basically where the monetary obligation of an individual is restricted to a fixed sum, most generally the amount of an investment of an individual in a business or partnership. If a limited liability corporation is sued then the plaintiffs sue the company, not its shareholders or investors.
Limited liability covers a proprietor so he or she can't lose more money than he or she has invested in a company. In other terms it refers to the amount of risk that an investor takes when investing in an organization.
Answer:
The Portuguese goal of finding a sea route to Asia was finally achieved in a ground-breaking voyage commanded by Vasco da Gama, who reached Calicut in western India in 1498, becoming the first European to reach India. ... Portugal's purpose in the Indian Ocean was to ensure the monopoly of the spice trade.
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Portuguese
