The amount was more than 35.14% compared to the preceding year. earned $53.394 billion in profits (Apple 2015). The company employs over 100,000 workers. ![]() It has opened retail stores in over eighteen countries worldwide. The company operates in over 120 countries around the world (Cutler 2015). Lastly, the blue ocean idea index evaluates your value proposition based on the four criteria of blue ocean strategy: utility, price, cost, and adoption.Apple is an innovative company serving different industries including computer software, computer hardware, digital distribution, and consumer electronics. The buyer utility map assists in assessing how your value proposition delivers utility to your customers across the six stages of the buyer experience cycle. The four actions framework helps you identify the factors that you can eliminate, reduce, raise, or create to achieve value innovation. ![]() The strategy canvas is a visual tool that compares your value proposition with your competitors' on the key factors that affect customer choice. To help you measure the impact of blue ocean strategy, you can use tools such as the strategy canvas, the four actions framework, the buyer utility map, and the blue ocean idea index. Additionally, you must have a reliable and consistent way of collecting and analyzing data and feedback from customers, competitors, and the market. To measure the impact of blue ocean strategy, you need to have a clear and quantifiable goal and a set of key performance indicators (KPIs) that reflect your value proposition and your market position.
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