$1.$ Product diversification$-$ Having a large range of products allows for more customization and wider variety. This is good because it allows us to customize and have more options. It also helps us reach more customers since different people like different things$\mathrm{.}2.$ Cost Leadership$-$ This is really important because it helps us stay ahead in the competition. It means we can sell our products at a lower price than other companies, which encourages more customers to pick us$.$ We can take a larger share of the market if we do this$\mathrm{.}3.$ Brand Recognition$-$ This is super important because it makes customers feel confident in choosing our products. When people trust and recognize your brand, they are more likely to buy your product over another. Additionally, this trust leads to repeat purchases and recommendations.