Let's try an FE + TOEIC problem!

In Blue Ocean Strategy, a blue ocean is undiscovered market space 
with no __________ and a red ocean is an established market space 
with lots of __________.
A) profit
B) capital
C) products
D) competition

What does the sentence mean?
In Blue Ocean Strategy = ブルーオーシャン戦略では
a blue ocean is = ブルーオーシャン(青い海)は
undiscovered market space = 未開拓な市場
with no __________ = ○○のない
a red ocean is = レッドオーシャン(赤い海)は
an established market space = 成熟した市場
with lots of __________ = ○○の激しい

What do the choices mean?
A) profit = 利益
B) capital = 資本
C) products = 商品
D) competition = 競争

The main feature of a blue ocean is the lack of competition 
from other companies, so the best answer is D) competition.

〇 In Blue Ocean Strategy, a blue ocean is undiscovered market space 
   with no competition and a red ocean is an established market space 
   with lots of competition.
   ブルーオーシャン戦略では、ブルーオーシャン(青い海)は競争のない
   未開拓な市場であり、レッドオーシャン(赤い海)は、競争の激しい
   成熟した市場です。

Did you get it?

Have a great Monday evening!