Final answer:
Meale's Corporation is pursuing the strategy of product differentiation, which involves creating a unique product or service that stands out from competitors. By focusing on product differentiation, Meale's Corporation aims to attract customers who are willing to pay a premium for their distinctive offerings.
Step-by-step explanation:
Meale's Corporation is pursuing the strategy of product differentiation. This strategy involves creating a unique product or service that stands out from competitors in the market.
An example of Meale's Corporation pursuing this strategy could be developing a new line of innovative kitchen appliances with advanced features and sleek design that sets them apart from other brands.
By focusing on product differentiation, Meale's Corporation aims to attract customers who are willing to pay a premium for their distinctive offerings, thereby gaining a competitive advantage in the business.