The objective of a best-cost provider strategy is to
A. attract buyers on the basis of having the industry's overall best-performing product at a price that is slightly below the industry-average price.
B. outcompete rivals using low-cost provider strategies.
C. deliver superior value to value-conscious buyers at a comparatively lower price than rivals.
D. offer buyers the industry's best-performing product at the best cost and best (lowest) price in the industry.
E. translate its best-cost status into achieving the highest profit margins of any firm in the industry.
Answer: C
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