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Red Ocean Theory And The Competitive Context Facing Contemporary Industries

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A business that is an ideal choice for the Red Ocean theory is Focus Features, a film production company. Film is a habitual hobby in billions of individuals lives; therefore, there are a copious number of film production companies competing to create unique, beautiful movies. To illustrate, companies like Twentieth Century Fox, Time Warner, and Universal are constantly creating films, similarly to Focus Features.

In The Competitive Context Facing Contemporary Enterprises, they mention various reasons for increased competitions; one these that fit the competition of Focus Features is “dynamic and rapidly evolving technology”. Throughout the past century, film has evolved into a highly profitable industry with thousands of aspects tot the
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