a. Consider a commodity business such as building materials, many types of food products, and many types of electronics products. A good example of a commodity is gasoline. Are these companies likely...

a. Consider a commodity business such as building materials, many types of food products, and many types of electronics products. A good example of a commodity is gasoline. Are these companies likely to compete on cost leadership or differentiation? Why? b. Consider professional service firms such as law firms, accounting firms, and medical practices. Are these firms likely to compete on cost leadership or differentiation? Why?