BLUE OCEAN STRATEGY
A Blue Ocean Strategy is a strategy where the companies initiate to explore the unexplored market
space rather than competing with the existing firms by producing the existing products or services. The
companies adopting the blue ocean
Note: It is recommended that you save your response as you complete each question.
Question 1 (1 point)
Why are budgets useful in the planning process?
Question 1 options:
They enable the budget committee to earn their paycheck.
They provide ma
Mini Case # 1
We can notice that sales are increased from 3.4 to 5.8 million$, nearly 70% increase, but on other hand
the net income is decreased by over 190,000$
Expansion increased the asset (nearly doubled)
Liability & Equity