What is the nature and value of a market-focused strategy? Usethe Low-cost Diffe

What is the nature and value of a market-focused strategy? Usethe Low-cost Differentiation and Speed-based strategies tosupport your answer.Determine why a business would choose a low-cost differentiationor speed-based strategy.Explain the nature and value of a market focus strategy.Why should a business diversify? Give a specific example.What is the portfolio approach to multi-business strategies?Identify the limitations and weaknesses of the various portfolioapproaches.