Which of the following sentences best summarizes the differences between
the red and blue oceans strategies?
A. Red oceans are about avoiding head-to-head competition while blue oceans
are about rivals fighting over a shrinking profit pool.
B. Blue oceans represent all the industries in existence today while red oceans
are those where companies beat competition
C. In the red oceans, industry boundaries are defined and accepted and the
competitive rules of the game are known. Blue oceans are occasionally
created well beyond existing industry boundaries.
D. All the above options are valid

1 Answer

Answer :

In the red oceans, industry boundaries are defined and accepted and the
competitive rules of the game are known. Blue oceans are occasionally
created well beyond existing industry boundaries

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