The Indian Ocean has the warmest surface temperature of all the world¹s oceans, as most of it is found in the tropics.
A cash cow is a metaphor for a dairy cow that produces milk over the course of its life and requires little to no maintenance. The phrase is applied to a business that is also similarly low-maintenance.
Red oceans denote an environment where products are not yet well defined while blue oceans refer to the frequently accessed marketplaces where the products are well-defined, competitors are known and competition is based on price, product quality and service.
Abstract. Red ocean strategy developed by Prof. Michel Porter supports to compete in existing market space, beat the competition, exploit existing demand, make the value/cost trade-off, align the whole system of a company's activities with its strategic choice of differentiation or low cost.
A problem child is a business with a small market share in a rapidly growing industry. It is one of the four categories in the BCG Growth-Share Matrix, a management tool introduced by Boston Consulting Group in 1968 to help companies decide which business units or products to invest in and which to sell.
Stars. Products that are in high growth markets and that make up a sizable portion of that market are considered “stars” and should be invested in more. In the upper left quadrant are stars, which generate high income but also consume large amounts of company cash.
Red Sea, Narrow inland sea between the Arabian Peninsula and Africa. It extends southeast from Suez, Egypt (initially as the Gulf of Suez), for about 1,200 mi (1,930 km) to the Strait of Mandeb, which connects with the Gulf of Aden and then with the Arabian Sea.
Of the five ocean basins, the Atlantic Ocean is the saltiest. On average, there is a distinct decrease of salinity near the equator and at both poles, although for different reasons. Near the equator, the tropics receive the most rain on a consistent basis.
Solution: The BCG matrix is based on Industry growth rate and relative market share. BCG matrix is a framework created by Boston Consulting Group to evaluate the strategic position of the business brand portfolio and its potential.
From precipitation to the land to the rivers to the sea
The rain physically erodes the rock and the acids chemically break down the rocks and carries salts and minerals along in a dissolved state as ions. The ions in the runoff are carried to the streams and rivers and then to the ocean.
Blue ocean is an entrepreneurship industry term created in 2005 to describe a new market with little competition or barriers standing in the way of innovators. The term refers to the vast "empty ocean" of market options and opportunities that occur when a new or unknown industry or innovation appears. 1.
A massive algae bloom along Australia's beaches turn the ocean the color of blood. It looks like something straight out of Dr. Seuss's world, but this is no imaginary scene.
In a red ocean strategy, an organization has to choose between creating more value for customers and a lower price. In contrast, those who pursue a blue ocean strategy attempt to achieve both: differentiation and a low cost, opening up a new market space.
It regulates Earth's climate, plays a critical role in the hydrological cycle, sustains a large portion of Earth's biodiversity, supplies food and mineral resources, constitutes an important medium of national defense, provides an inexpensive means of transportation, is the final destination of many waste products, is
Red oceans are all the industries in existence today – the known market space, where industry boundaries are defined and companies try to outperform their rivals to grab a greater share of the existing market. Cutthroat competition turns the ocean bloody red. Hence, the term 'red' oceans.
The Dead Sea is fed mainly by the Jordan River, which enters the lake from the north. Several smaller streams also enter the sea, chiefly from the east. The lake has no outlet, and the heavy inflow of fresh water is carried off solely by evaporation, which is rapid in the hot desert climate.
Ocean currents are the continuous, predictable, directional movement of seawater driven by gravity, wind (Coriolis Effect), and water density. Ocean water moves in two directions: horizontally and vertically. Horizontal movements are referred to as currents, while vertical changes are called upwellings or downwellings.
The Blue Ocean on the other hand is an uncontested market place that creates demand for itself, which is not known to others. This makes competition irrelevant. Focus is on creating, not competing. Value Innovation : Value innovation occurs when company align innovation with utility, price and cost positions.
Dated : 16-Jun-2022
Category : Education