The Execution of a Blue Ocean Strategy American Military University Professor Alex Lazo Table of Contents Abstract……………………………………………………………………………………………3 Value Innovation…………………………………………………………………………………..3 Reconstructing Market Boundaries (Six Path Framework)……………………………………….3 Four Actions Framework…………………………………………………………………………4 Canvas Strategy…………………………………………………………………………………...5 Three Tiers of Noncustomers……………………………………………………………………. 6 Blue Ocean Strategy Sequence……………………………………………………………………6
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we should switch to Electric Cars is because they could save the Environment we live in. Tam Hunt writes for the Future of the Electric car on Green teen media about Electric Cars having saver batteries. “Lithium batteries will probably start showing marginal improvements around that time: (Hunt) The Eco-friendly cars have safer batteries and other equipment. Electric cars are way safer than cars on gas. For example cars that run on file have caused many explosions during car accidents which have
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mile per hour speed on their electric cars but this was not plausible when running off of a battery. a.ii. When customers compare cars they don’t care much about the environmental risks they only care about the price‚ the miles per gallon‚ and the mileage range. Customers had a difficult time seeing the difference between regular cars and electric cars so there was not enough demand. b. Battery Technology (not guilty) b.i. Batteries were too weak to make the car go as far as consumers were hoping
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Blue Ocean Strategy 1. What is a blue ocean strategy? What is a red ocean strategy? Explain these from the perspective of company‚ competition‚ costs‚ and markets. Blue oceans mean that one industry has not existed in the world. This is an unknown market space in the industry. In the market space‚ there has no competition or just a little competition. In blue oceans strategy‚ market demands come from innovation rather than fierce competitions. From the perspective of company‚ Blue ocean strategy
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Abstract Blue Ocean strategy is a consistent pattern of strategic thinking behind the creation of new markets and industries where demand is created rather than fought for and the rule of competition is irrelevant. This paper proposes a methodology to implement the Blue Ocean Strategy in a privately owned Malaysia industrial firm struggling in a very competitive market using different tools and techniques such as value curves‚ strategy canvas‚ six path method‚ four actions framework. The results
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The traditional use of petrol cars is dominant in the automobile industry. It has become common for cars to be owned and ridden in the world today. This invention has allowed us to easily travel to one place to another and has greatly improved our system of transportation. However‚ we have failed to realize how much damage is being made to the environment by us humans. In an effort to improve the environment‚ we have now become aware of this. As a result‚ we have developed technology to reduce the
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PRO/CON: Should the government subsidize electric cars? By McClatchy-Tribune‚ adapted by Newsela staff on 01.08.14 Word Count 1‚431 Angie Vorhies plugs in the charging cord to her Nissan Leaf electric vehicle at a mall on Nov. 13‚ 2013‚ in San Diego. Photo: AP Photo/Lenny Ignelzi PRO: Don’t pull the plug on electric cars BLOOMINGTON‚ Ind. — It would be very unwise to “pull the plug” on electric-car subsidies at this time. The government money helps support the car industry and make up for tough regulations
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What is Blue Ocean Strategy? by Nattida Sae-Iw MBA Student What is Blue Ocean Strategy? Let’s start with the metaphors To understand the term of Blue Ocean‚ imagine a market universe composed of two sorts of oceans: Red Oceans and Blue Oceans. Red Oceans represent the existing market space which is known market. Companies in red oceans are competitive-base; they are fighting each other and aim to get a bigger market share
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Einstein). Electric cars are automobiles they use one or more electric motors‚ other than using more common gasoline powered engines. Electric cars use batteries; batteries are used to store energy. Since Electric motors don’t have to warm up they have instant torque‚ creating strong and smooth acceleration‚ which can give you a more satisfying ride. Electric cars are safer and better than gasoline powered cars‚ since they aren’t polluting the air as much as gas powered cars. Electric cars are high
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Who Killed the Electric Car? Take – Home Midterm Natalie Farrugia 6759091 Professor Larose SOC3116 D March 4‚2015 1. A relevant social group is a group of people who share the same set of meanings‚ or feelings‚ attached to a specific artifact. In this case‚ it is all groups of people who feel the same way about the electric car. There are many relevant social groups involved with the electric car. They include General Motors‚ the consumers/drivers/fans of the EV1‚ the California Air Resources
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