Question: Companies operating strategies often result in differences in the following attributes: (a) Types of products, (b) Sales price per unit, (c) Profit margin, (d) Asset

Companies’ operating strategies often result in differences in the following attributes:
(a) Types of products,
(b) Sales price per unit,
(c) Profit margin,
(d) Asset turnover, and
(e) Amount invested in assets.
Required
Discuss the types of competitive strategies a company might use and how each strategy would affect each of the attributes listed above. What factors are likely to affect the strategy selected by a company?

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