Identify the appropriate strategiesWhich of the following management controls and compensation policies is consistent with implementing cost leadership? With product differentiation? With both cost leader-ship and product differentiation? With neither cost leadership nor product differentiation?(a)Firm-wide stock options(b)Compensation that rewards each function separately for meeting its own objectives(c) A detailed financial budget plan(d) A document that describes in detail how the innovation process will unfold in a firm(e) A policy that reduces the compensation of a manager who introduces a product that fails in the market(f) A policy that reduces the compensation of a manager who introduces several products that fails in the market(g) The creation of a purchasing council to discuss how different business units can reduce their costs.