In the text, Curves is an example of which path? a. Looking across alternative industries b. Looking across strategic groups within industries c. Looking across the chain of buyers d. Looking across complementary offerings

Respuesta :

Answer:

The correct option is D) Looking across complementary offerings

Explanation:

There are about 6 well-known paths to achieving a Blue Ocean Strategy.

Generally, the Blue Ocean Strategy (BOS) seeks to avoid locking horns with the competition by identifying niche areas that are critical to the attainment of a competition-free space. According to the BOS took kit, there are 6 paths to achieving a blue ocean strategy.

One of them is called looking across complementary offerings.

Another term for the Curve is Value Ramp. Value Ramp simply refers to a methodology for evaluating one's service/product offerings. It consists of a graph that plots a curve sloping upwards from left to right, showing the relationship between price and the value or perception of value being delivered by the business.

The principle offered here stated that the higher the perception of one's brand, the more one should be able to charge for their services.

Value is thought to increase as the business delivers more and more personalized services in a relationship-oriented fashion rather than generic products and services which are readily available off the shelf in most cases.

Cheers

In the text, Curves is an example of the path of looking across complementary offering, hence option D is correct.

Curves or Value Ramp

These are terms used in Blue Ocean Strategy to avoid competition in the market. The Curve or Value Ramp helps in evaluating service/products by use of graph.

There are 6 methods of Blue Ocean Startegy one of which is Complementary offerings, in the given text the Curves is an example of the Complementary offerings path.

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