Create new market with blue ocean strategy

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Reference no: EM133425436

Question

1. How does a company create new market with a blue ocean strategy? List at least one example.

2. How do companies create innovative strategy by eliminating steps in the value chain? Give one example of a company that have done this successfully.

3. Which companies rapidly steals market share from incumbents. How is the business model of the growing company different? What innovative strategy are they employing?

Reference no: EM133425436

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