The Aim of the Best-Cost Provider Strategy Is to Create

Multiple Choice

The aim of the best-cost provider strategy is to create a competitive advantage by

A) incorporating attractive or upscale product attributes at a lower cost than rivals.
B) offering buyers the industry's best-performing product at the best cost and best (lowest) price in the industry.
C) attracting buyers on the basis of having the industry's overall best-performing product at a price that is slightly below the industry-average price.
D) outcompeting rivals using low-cost provider strategies.
E) translating its best-cost status into achieving the highest profit margins of any firm in the industry.