Characteristics of blue oceans

Reference no: EM133295159

Assignment:

1) Addd new integrFrom the SWOT analysis; where would you classify the following statement: Our organization is facing unfavorable trends in the market with well-established competition.

A. Weaknesses

B. Opportunities

C. Threats

D. Strengths

2) If customers are few in number, are very well organized and agree on the prices they are willing to pay, a threat is generated for the company, since they will have the possibility of agreeing on a price that seems appropriate to them, but which will generally be lower than what the company would be willing to accept. This statement refers according to Porter to:

A. Consumer behavior

B. Rivalry among customers

C. Bargaining power of buyers or customers

D. The bargaining power of sellers or suppliers

3) What determines the profitability of an industry?

A. All of the above are correct

B. The value of the product or service to the customer

C. Bargaining power throughout the value chain

D. The intensity of competition in the sector

4) Among the characteristics of blue oceans, which of the following statements is false?

A. When we want to know the genesis of a blue ocean, it is necessary to analyze the company and the sector in which it operates.

B. It is possible for a company to create a blue ocean within its own industry.

C. It is important to know the strategic movement and set of executive actions that made it possible to create the new market.

D. They do not necessarily have to do with technological innovation

5) Of the alternatives presented, which strategy includes among its objectives:

Significantly reduce production costs from the primary sector and achieve economies of scale in each subsidiary by eliminating margins that are normally left in the hands of third parties.

Ensure continuity of supply and product quality to maintain a competitive advantage and a differentiated offer, and Have greater bargaining power (a group of companies belonging to the same company or owners can achieve better negotiations by sharing different resources).

A. None of the above

B. Horizontal strategy

C. Vertical Strategy

D. Differentiation strategy

Reference no: EM133295159

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