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:
Erikson’s psychosocial stage of trust versus mistrust shows how the developmental needs of working children are not met.
Explanation:
Erikson’s psychosocial stage of trust versus mistrust shows that very young children, around two years old, need an environment where they can explore and socialize to create a sense of trust, happiness and positive development. Children who do not have the resources to socialize and explore, end up developing a sense of distrust and anxiety, unhappiness, as their development needs are not met. Working children do not have the freedom to explore and socialize, test their childhood ideas and challenge themselves according to the environment around them. These children do not have their senses of trust stimulated and become oppressed and limited, anxious and lacking great abilities to plan and explore ideas. In this case, we can see that the trust versus distrust stage shows how the developmental needs of working children are not met.
The Delian League was formed so that the Greek city-states fight together against the Persians.
Explanation:
The Delian League was formed by the suggestion of Athens. The purpose of Athens was to fight the Persians even after the war officially ended. The Greek city-states accepted the proposal of Athens and they created the Delian League.
Athens though, despite being the one that initiated the formation, was actually the one that caused the crumbling of the Delian League. The reason was that Athens started to use the funds of the Delian League for its own purposes, so once the other city-states found out about this they got into conflict with Athens. Things escalated when Sparta got involved, with a war between Sparta and Athens emerging, known as the Peloponnesian War, which put an end to the Delian League.
<span>Erikson's psychosocial development theory states development occurs throughout the lifespan and is focused on the psychosocial (relationships)
Havinghurst's stage-crisis theory states focused on tasks that surface because of physical maturation, personal values, and pressures from society</span>
