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What is a straddle positioning strategy ? Describe this in general terms and mention one major risk associated with this strategy. Discuss straddle positioningspecifically with

What is astraddle positioning strategy? Describe this in general terms and mentionone major risk associated with this strategy.Discuss straddle positioningspecifically with reference toBMW, which competes in two market segments; one the performance market against American brands like Corvette and secondly the luxury market against brands like Cadillac.

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