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3. Strategy, Pricing and Revenue Management Required Drawing on the concepts covered in the lecture and the textbook: a. Briefly describe the differences between corporate and business strategy. (2 marks) b. List three business strategies and give examples of companies that use those strategies. (3 marks) c. Explain what Porter's model examines and why it is important. (2 marks) d. Explain the two different methods that companies can use to set their prices. (2 marks) TOTAL: 9 MARKS