Create their blue oceans in highly competitive markets

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Reference no: EM133614249

Assignment:

After reviewing the concepts of Blue Ocean Strategy in relation to Strategy Innovation and Strategic Entrepreneurship. "How did Apple's introduction of the iPhone revolutionize the smartphone industry by creating a blue ocean? Please discuss the key strategic decisions, innovative features, and market differentiation that set the iPhone apart from existing smartphones, attracting a new customer base. Additionally, reflect on the broader implications for companies looking to create their blue oceans in highly competitive markets."

Reference no: EM133614249

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