Relationship in value-low cost in blue ocean strategies

Reference no: EM131479545

1. Explain the redefined relationship between ‘value’ and ‘low cost’ in blue ocean strategies. How is this relationship different than traditional value and cost relationships in red ocean strategies?

2. Identify and analyze the market and competition for Ford’s Model T. Include the products meeting the transportation needs prior to and during the introduction of the Model T. How did Ford create a blue ocean and competitive advantage vs. other forms of competition

Reference no: EM131479545

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Relationship in value-low cost in blue ocean strategies : Explain the redefined relationship between ‘value’ and ‘low cost’ in blue ocean strategies.

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