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Innovative Strategies Development of the Company in Terms of Global Competition

Author

Listed:
  • Radu Riana Iren

    () (“Dunãrea de Jos” University of Galati, Faculty of Economic Sciences)

  • Necsulescu Ecaterina

    () ("Danubius" University of Galati, Faculty of Economics)

Abstract

Blue ocean strategy challenges companies to emerge in the middle of the fierce competition that is by creating undisputed market areas which result in competition to become irrelevant. Only, instead of dividing the existing market demand, blue ocean strategy refers to a growing demand and to eliminate competition. Blue Ocean opportunities have always existed and have been explored as the universe expanded business. This expansion is the foundation of economic growth.

Suggested Citation

  • Radu Riana Iren & Necsulescu Ecaterina, 2011. "Innovative Strategies Development of the Company in Terms of Global Competition," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1797-1800, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1797-1800
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    More about this item

    Keywords

    blue ocean strategy; competition;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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