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A blue ocean can be a system where by the boundaries of present marketplaces are redefined, and new uncontested marketplaces are designed. At its core, There's worth innovation, for which uncontested markets are established, where by Opposition is produced irrelevant.A clear instance these may perhaps contain the Liquor and taxi industries. Pro

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It aligns organizational routines and initiatives with strategic targets to drive performance and obtain long-phrase success.[sixteen] This means that companies cannot run strategic barriers to entry. Ideal Level of competition implies no economies of scale;[16] Consequently structural barriers to entry are also not possible underneath perfect Comp

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