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This video lesson will define the Blue Ocean Strategy for CAIE A Level Business students. You will learn to: 1. Define the Blue Ocean Strategy and differentiate between red ocean and blue ocean concepts. 2. Identify the key elements of the Blue Ocean Strategy, including product differentiation and creating value in untapped market spaces. 3. Explain why businesses should avoid the "red ocean" and opt for the "blue ocean" for strategic growth. 4. Describe the visual representation of the red ocean and blue ocean, understanding the challenges and advantages of each. 5. Apply the concepts of the Blue Ocean Strategy by analyzing a real-life example (Cirque du Soleil circus) and identifying the fundamental changes needed for success in a blue ocean. ----------------------------------------------------------------------------------------------------------------------------------------------------- Want an A* in A Level Business? Join Alt Academy to gain access to our amazing resources. https://altacademy.org/?utm_source=yo... You’ll get: 1. Video Lessons covering the full AS & A2 syllabus 2. Expert Academic Support for all your doubts and questions 3. Past Paper Video Solutions that explain how to answer each question step by step 4. A readymade study plan to complete the AS or A2 Business syllabus in 60 or 90 days and so much more! Not just for Business, but also other commerce and science subjects (and even Psychology), making 8 in total! Still have questions? WhatsApp us: +92 301 559 4483 or Book a demo call. https://calendly.com/aazmir-fahim/30m... Follow Us: Instagram: / altacademyorg LinkedIn: / altacademyorg Facebook: / altacademyorg Want to buy Alt for Economics, Biology or another subject? Check out these channels for what kind of lessons to expect: / @alevelbusiness.altacademy / @aleveleconomics.altacademy / @alevelchemistry.altacademy / @alevelmaths.altacademy / @alevelaccounting.altacademy / @alevelpsychology.altacademy / @alevelbiology.altacademy / @alevelphysics.altacademy