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After completing a SWOT analysis, a company begins to set its strategy to advance from its current position. Porter describes a strategy spectrum whereby a company has two choices: cost leadership and product differentiation. Which of the following is a company that is not purely a cost leader or a product differentiator but somewhere in the middle of the spectrum?

Turnips is a grocery store that sells product in bulk so it can offer lower per$-$unit costs to customers.

Freshies is a grocery store that carries unique products and strives to keep their costs as low as possible.

Paisley, Inc. is an upscale jewelry store that specializes in the sale of one$-$of$-$a$-$kind necklaces.

Feltz is a factory that produces felt fabric at the lowest cost possible by using as much automated machining as possible.