Question: After reading the attachment please answer the following questions.
Name three industries that are currently red oceans? Where do blue ocean opportunities exist?
What are the characteristics of a good strategy?
What information can be obtained by reading the value curves to obtain "strategic knowledge on the current status and future of a business" (Kim and Mauborgne, 2005)?
What is the four actions framework? How does it benefit firms in creating blue oceans?
What are the driving forces behind the 'rising imperative' for creating blue oceans as per the Authors Kim and Mauborgne (2005)?