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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Chapter seven is all about the first two years and the psychosocial development of a child. When reading chapter seven there were two main topics that stood out to me one being the Emotional Developme...

Response five
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Chapter seven is all about the first two years and

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Jorge told his parents that eating junk food does not affect the health of an individual in a negative/harmful way in which human beings consider. Jorge had justified his argument by providing example...

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Jorge told his parents that eating junk food does

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Topic 1. Blue Ocean Strategy

Topic 1. Blue Ocean Strategy

Q 1. Watch the video on Blue Ocean strategy. 2. Kim and Mauborgne (2005) argue that "those that seek to create blue oceans pursue differentiation and low cost simultaneously" (p. 13). They define this as value innovation and added that 'Value Innovation is the new way of thinking about, and executing, strategy that results in the creation of a blue ocean and a break from the competition" (p. 13). What is the difference between Blue Ocean and Red Ocean strategies? Which is more important in establishing and capturing uncontested markets? Support your arguments with research. Kim, W. C., & Mauborgne, R. (2005). Blue ocean strategy: How to create uncontested market space and make competition irrelevant. Boston, MA: Harvard Business School Press

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In case of Blue Ocean strategy, there is anticipation of new and innovative industries to become developed in future (Kim & Mauborgne, 2005). These prospective industries cannot be found to be present in the modern situation of business. The market space in case of this strategy is not regulated or changed by the force of internal or external competition. There is no scope of exploring anything from beforehand for utilizing and applying this strategy.