There are two main types of strategies for cost that are in

There are two main types of strategies for cost that are in usetoday: productdifferentiation and cost leadership. Product differentiation leveragesdifferences in the product to drive unique value to consumers and decrease thefocus on costs per unit. Cost leadership, on the other hand, looks to reducingthe costs of doing business to a point where the business carries the lowestcosts in the industry.Selectone of these two strategies and share an example of how you would use it todecrease your overall costs and increase your revenues if you were CEO for aday.Please make this 1-2 paragraphs and in APA format.Please include a reference page and site sources within the paper.