Business be operated under each of two broad strategies

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Reference no: EM131199971

Generally, companies follow one of two broad strategies: offering a quality product at a low price, or offering a unique product or service priced higher than the competition. Assume you are opening a bakery across the street from your campus. How might that business be operated under each of the two broad strategies? Consider the following specific operational areas:

a. target customers

b. products offered

c. product pricing

d. location choice

e. advertising content

f. advertising media

Reference no: EM131199971

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