Question: 1. Discuss the risks associated with each of these forms of competitive advantage: overall cost leadership, differentiation, and focus. 2. Explain how an overall cost

1. Discuss the risks associated with each of these forms of competitive advantage: overall cost leadership, differentiation, and focus.

2. Explain how an overall cost leadership strategy enables a business to address the five competitive forces in such a way that it can enjoy high levels of profitability

3. Explain how a differentiation strategy enables a business to address the five competitive forces in such a way that it can enjoy high levels of profitability.

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