I am trying to write a paper, I have done the spreadsheet work. I need help with the 5th section listed below. What analysis tools should I recommend for the company and how should I summarize my analysis for the memo. I can link the excel sheet and word doc.

Section V: Memo to Management

The management of the REDICO Company is very interested in measuring performance. They would like you to recommend a strategy to increase business performance. They are not sure whether they should focus on product differentiation or cost leadership (see textbook for definition). Research additional performance tools /measurements you would recommend to management.Provide meaningful examples.

In your recommendation, you will want to include the outcome of your previous quantitative analysis related to cost-volume-profit (CVP), variable and absorption costing, standard costs, variances, and benchmarking.