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Briefly describe Red Ocean strategy and how can it give a company competitive advantage against competitor in business decision making? And give recent example which company used it? ? Red ocean vs Blue Ocean strategy: Comparison Red ocean vs Blue Ocean strategy and give recent example which company used those Strategy. ? Purple Ocean strategy: D

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Topic: “Develop contemporary strategic management concepts and theories and apply it business decision making.” (2000 Word)
1. RED OCEAN Strategy!
2. STEEPLE analysis Strategy!
3. SOAR analysis Strategy!
Assignment Answer outline:
? Introduction: Contemporary strategic management what does it means? Which contemporary strategic management concepts are using for this assignment small
discussion about it. (100 word) ——————————————————————————————————–
? Red Ocean strategy:
Briefly describe Red Ocean strategy and how can it give a company competitive advantage against competitor in business decision making? And give recent example which company used it?
? Red ocean vs Blue Ocean strategy: Comparison Red ocean vs Blue Ocean strategy and give recent example which company used those Strategy.
? Purple Ocean strategy: Describe Purple Ocean strategy and how it is related to Red and Blue Ocean strategy? How it gives competitive advantage in business decision making? And give recent example which company used this Strategy.
(For all those three point 600 word) ———————————————————————————————————
? STEEPLE Analysis:
Describe STEEPLE analysis as a competitive advantage strategy for a business and Then describe how it is different from PESTEL analysis.
And then give recent example, who apply it for business decision making briefly discuss about it.
(600 word) ——————————————————————————————————–
? SOAR analysis:
Describe about SOAR analysis.
How it different strategy then SWOT analysis strategy?
And then give recent example, who apply it for business decision making briefly discuss
about it. (600 Word) ———————————————————————————————————
? Conclusion: (100 word

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