Identify three industries or markets that have the volume-profit relationship described in Figure 5.2. Which firms in this industry are implementing cost leadership strategies? Which are implementing product differentiation strategies? Are any firms "stuck in the middle"? If yes, which ones? If no, why not? Are any firms implementing both cost leader ship and product differentiation strategies? If yes, which ones? If no, why not?
Figure 5.2

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Product differentiators Low-cost firms "Stuck in the middle" Large Share of Market/Low Price Low Share of Market/High Price Return on Investment