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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Answer:
The type of government the United States have is Democracy.
Answer:
In economic terms, industrialization is the social and economic transformation of human society from agrarian to industrial. Its environmental drawbacks include pollution of air, water and soil that can result in significant deterioration of quality of life and life expectancy
Explanation:
The Aqueduct of Jerwan. The aqueduct is part of the larger Atrush Canal built by the Assyrian king Sennacherib between 703 and 690 BC to water Ninevah's extensive gardens, with water diverted from Khenis gorge, 50 km to the north. An inscription on the aqueduct reads: Sennacherib king of the world king of Assyria.
