Task: Cost leadership strategy.
1. Research your assigned strategic options.
2. Discuss how the strategic options can be employed to create and sustain a competitive advantage.
3. Discuss the strategic options' pricing, features, and the clientele base for the social networking application.
4. Discuss the pros and cons of the strategic options.
5. Make a recommendation to the group on whether to use your strategic options.
6. Discuss which of the strategic options you recommended and why.