Appraise costing and financial strategies

 What I need done is the bullet in red with a reference added. At least 250- 350 words for thesection.Purpose of AssignmentThe purpose of this assignment is to help students understand how manufacturing and servicecompanies can maximize their competitive advantage. The Porter Model is discussed as a methodto categorize and assess businesses and industries.Assignment StepsWritea 1,050-word report in which you address the following:Examine and discuss competitive strategies that manufacturers can use to gain competitiveadvantage.Appraise costing and financial strategies for manufacturing and service companies.Identify value chain strategies for both manufacturing and service companies.Discuss (Porter’s Model) and categorize (NAICS) the industry of a company the LearningTeam selects.Cite3 scholarly references, including at least one peer-reviewed reference from the UniversityLibrary.Formatyour paper consistent with APA guidelines.Clickthe Assignment Files tab to submit your assignment