Which of the following profiles would best describe an industry having a Pure Cost Leadership strategy as being optimal? Assume all factors are equally important. (Palepu)

	a.	High Concentration, Low Product Differentiation, Low First Mover Advantage
	b.	High Industry Concentration, High Distribution Access, Low Firm Excess Capacity
	c.	Many Industry Exit Barriers, Low First mover advantage, Low Product Differentiation
	d.	Low Industry Concentration, Low Legal Barriers to Entry, High Product Differentiation