b'COMMIT TO SUCCESS Here are some business strategies to consider:a.Structuralist: By adopting a structuralist strategy, you will build your business,political,orsocialoperationsaroundcurrentmarket conditions and use industry structure to your advantage.For example, in a business this may mean that you order products or supplies using established processes from your suppliers, or that you take into account generally recognized barriers.b.Growth: if you choose a growth strategy, it means that you focus on introducing new products or features or expanding into new markets.To do this, you will seek, for example, a competitive advantage by offering a unique experience that your potential customers will not find anywhereelse.Oryouwillfindanewclientelethroughmarket research or professional networking. This is when you need to consider a growth strategy for your business.c.Competitive price: becoming a cost leader is one way to set yourself apart by offering a competitive price for your product or service.Ifyouhaveauniquestrategytoreducecostswithoutsacrificing quality, use it to stand out in your industry.There are many benefits to being a cost leader, including.Leaders can charge the lowest amount for a product and still be profitable.Leaderscanwithstandrecessionsbetterthantheircompetitors becausetheyareexperiencedinattractingconsumerswith budgets in mind.Leaders can be more flexible. Since their costs are low, they can reduce prices more often to attract a larger customer base.Notethatacostcontainmentstrategycarriesseveralrisks.Ifa competitor can cut costs more frequently, it could take away your customers.d.Differentiation: with a truly unique product or service that you can offer to potential customers, you can stand out in the market. DifferentiationGermain Decelles195'