Please select all that are true:

Please select all that are true:

$2$ firms competing in the same industry $(1$ with a differentiation strategy, $1$ with a cost leadership strategy$)$ will generally have similar value chain activities.

$2$ firms competing in the same industry $(1$ with a differentiation strategy, $1$ with a cost leadership strategy$)$ will generally have dissimilar value chain activities.

a risk of being a cost leader is that the processes the firm uses may become obsolete.

a risk for a differentiator is that the product the firm produces is a fad and consumers will no longer pay a premium price.

Question at position $3$

$3$