Which of the following factors explain why it is difficult for competitors to imitate a Blue Ocean Strategy creator's business model? Factor 1: Strategic moves for entering into a Blue Ocean typically require firms to make fundamental changes in their operations. Factor 2: Creators of Blue Oceans initially capture all of the available market demand and rapidly build brand recognition. Factor 3. Creators of Blue Oceans tend to immediately generate economies of scale and achieve a low-cost position.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter9: Monopolistic Competition And Oligoply
Section: Chapter Questions
Problem 15SQ
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Which of the following factors explain why it is difficult for competitors to imitate a Blue Ocean Strategy creator's business model? Factor 1: Strategic moves for entering into a Blue Ocean typically require firms to make fundamental changes in their operations. Factor 2: Creators of Blue Oceans initially capture all of the available market demand and rapidly build brand recognition. Factor 3. Creators of Blue Oceans tend to immediately generate economies of scale and achieve a low-cost position.

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