One way to innovate with business models is to consider:
A)Market research
B)A Feasibility analysis
C)A Competitive analysis
D)An Industry analysis
E)A "blue ocean strategy"

Question

Quizplus · Accepted Answer

A "blue ocean strategy" involves creating a new market space or "blue ocean" that makes the competition irrelevant. This approach is innovative as it focuses on exploring new possibilities and demand, rather than competing within the confines of an existing industry or market.

One Way to Innovate with Business Models Is to Consider