MKT/421 Week 4 Blue Ocean Strategy Paper

Write a 750- to 1,000-word paper that describes the importance of blue ocean strategy and identifies a product or service that would be considered a blue ocean move. Include the following:

·         A description of blue ocean strategy and its importance

·         A product or service that might be considered a blue ocean move and why

·         An alternative red ocean move for the same product or service along with the pros and cons of that strategy

Format your paper consistent with APA guidelines.