A series of independentsituations in which a firm is about to make a strategic decision follow. Decisions: a. Roger Phones is about todecide whether to launch production and sale of a cell phone with standardfeatures. b. Computer Magic is trying to decide whether to produce and sell a new homecomputer software package that includes the ability to interface with a sewingmachine and a vacuum cleaner. There is no such software currently on themarket. c. Christina Cosmetics has beenasked to provide a “store brand” lip gloss that will be sold at discount retailstores. c. Christina Cosmetics has been asked to provide a “store brand” lip gloss thatwill be sold at discount retail stores. d. Marcus Meats is entertaining the idea of developing a special line ofgourmet bologna made with sun dried tomatoes, pine nuts, and artichoke hearts. Required: 1. For each decision, statewhether the company is following a low price or a differentiated product strategy. 2. For each decision, discusswhat information the management accountant can provide about the source of competitive advantagefor these firms.