How would you define a low cost strategy, a best cost strategy and a differentiated strategy in the action camera industry? Start with a definition of those strategies and apply the concepts to the simulation game.

Which of the companies in the real world – from the ones listed in the attached file Week 6 Exercise.docx  is running each type of strategy?
How does this relate to their positioning in the marketplace?

Post your initial responses by Thursday. At least two responses to other posts are required by Sunday.


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