Which of the following are not distinguishing features of a company's successful best-cost provider strategy?
A) It develops core competencies that allow differentiating attributes to be incorporated at a low cost.
B) It has unmatched efficiency in managing essential value chain activities.
C) It seeks to deliver superior value to buyers by satisfying their expectations on key quality/service/features/performance attributes and beating their expectations on price (given what rivals are charging for much the same attributes) .
D) It seeks to be the low-cost provider in the largest and fastest-growing (or best) market segment.
E) It enjoys a competitive advantage based on more value for the money.
Correct Answer:
Verified
Q48: A focused low-cost strategy seeks to achieve
Q48: A firm pursuing a best-cost provider strategy
A)seeks
Q50: For a best-cost provider strategy to be
Q51: The target market of a best-cost provider
Q52: The aim of the best-cost provider strategy
Q54: The chief difference between a low-cost leader
Q55: Focusing provides the ability to secure a
Q56: What are the distinctive features of a
Q56: Which of the following is not one
Q58: The greatest danger or risk of an
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