The Chief Difference Between a Low-Cost Provider Strategy and a Focused

Multiple Choice

The chief difference between a low-cost provider strategy and a focused low-cost strategy is:

A) whether the product is strongly differentiated or weakly differentiated from rivals.
B) the degree of bargaining power that buyers have.
C) the size of the buyer group that a company is trying to appeal to.
D) the type of value chain being used to achieve a low-cost competitive advantage.
E) the number of upscale attributes incorporated into the product offering.