blue ocean

What is Blue Ocean Strategy?

• New product marketing strategy

• Strategy to enter a crowded market

• Strategy to create a new market with no competitors

• Strategy to improve the quality of existing products

What is Red Ocean Strategy?

• Strategy focused on value innovation

• Strategy with limited innovation

• Strategy to avoid price wars

• Strategy using the ERRC method

What is Ocean strategy?

• Simultaneous efforts to achieve differentiation and high costs

• Simultaneous efforts to achieve low-cost differentiation

• Consistent efforts to achieve low differentiation

• Consistent efforts to achieve high differentiation

What is the difference between blue ocean and red ocean?

• Blue Ocean Strategy focuses on creating new markets, while Red Ocean Strategy focuses on competing in existing markets.

• Blue Ocean Strategy focuses on improving the quality of existing products, while Red Ocean Strategy focuses on creating new products.

• Blue Ocean Strategy focuses on lowering production costs, while Red Ocean Strategy focuses on raising prices.

• Blue Ocean Strategy focuses on reducing competition, while Red Ocean Strategy focuses on eliminating competition.

What products are from Vintage by Adel?

• Thrift clothing

• Basreng food products

• Organic mask products

• Thrift branded bags

Who is the speaker of B-Class today?

• Adelia Asmara Sangga - Agribusiness 2024 - Owner of Vintage by Adel

• Adelia Asmarani Sangga A. - Agribusiness 2022 - Owner of Vintage by Adel

• Adelia Asmarani Sangga A. - Agribusiness 2023 - Owner of Vintage by Adel

• Ardhelia Asmara Sangga S. - Agribusiness 2023 - Owner of Vintage by Adel

Which of the following is a characteristic of the 'blue ocean' market?

• Many competitors

• A saturated market

• New demand with no competitors

• Slow market growth

One of the main concepts of Blue Ocean Strategy is?

• Offering low prices

• Identifying existing market segments

• Value innovation that offers benefits never seen before

• Improving the quality of existing products

At what age did Kak Adel start selling?

• 17 years old

• 15 years old

• 14 years old

• 19 years old

What is the main approach used in Red Ocean Strategy?

• Value innovation

• Price reduction to defeat competitors

• Creating a new market niche

• Avoiding competitors