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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Have you ever thought about how ocean acidification affects organisms that live in the ocean‚ or even what ocean acidification is? First off‚ ocean acidification is a term used to describe significant changes to the chemistry of the ocean. This happens when carbon dioxide is absorbed by the ocean and reacts with seawater to produce acid. Ocean acidification affects many organisms’ homes and shelters. It also destroys many reef ecosystems. Ocean acidification is a bad thing. It’s bad because it
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The Ocean matters. The coral reef is a home to more than 3‚000 species of fish‚ 700 species of hard coral and around 100 other species. Scientists say that there could be 1-8 million undercovered species. If not protected all these species have nowhere to go and the undiscovered species will likely not be discovered. We cannot let these species die a whole ecosystem will be lost. Ocean Conservancy was created in 1972‚ they offer 2‚300‚000 jobs to people. Over the 25 years the organization was
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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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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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2014/15 Semester One Marketing Management SPD4250 Topic: Ocean Park Hong Kong Name: Ho Ka Shing Lam Yee KI Leung Ping Sin Tai Ho Kwan Yeung Yee Kuen Zhang Xiao Jun Tutorial Group: 03E Group: E Group Project Proposal for Ocean Park Hong Kong Brief Description of Ocean Park Hong Kong Ocean Park Hong Kong is one of the most popular theme parks in the world. It was officially opened on January 10th 1977 by the
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Ocean OverfishingNicole HarrisENV/320June 23‚ 2014Frederick GrossOcean Overfishing Overfishing is a problem that occurs when fish are caught faster than they can reproduce. This is a problem that has been occurring for centuries and continues to be a problem today. Commercial fishing has driven many fish species to the brink of extinction. A scientific report done in 2003 estimates that industrial fishing “has reduced the number of large ocean fish to just 10-percent of their pre-industrial
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activities. Due to the massive production of waste and the excessive need for daily materials‚ oceans are becoming more and more polluted; in addition‚ result to damaging effects on marine life. The ocean appears to be a large trash can for disposing waste in the convenience for humans. According to UNESCO‚ statistics show that in 2006‚ 46‚000 plastic materials were found scattered every square mile in the ocean; in addition to that statistic‚ millions of marine animals are severely injured or even fatal
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“what is destroying the ocean?”. Well one of the many answers is microplastic. Microplastics are little pieces of plastic that are smaller than 5 millimeters. Microplastic is harming zooplankton in many ways ‚ but not only zooplankton a lot of other fish also in many ways. When people leave plastic on the ground it eventually makes its way to the ocean . Microplastics are thrown into the ocean by people which is causing fish to die. There is a lot of microplastic in the ocean which is a serious problem
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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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