The competitive objective of a best-cost provider strategy is to

A. deliver superior value to buyers by doing such a good job of cost control that it ends up with the best cost (as compared to rivals) in performing each activity in its value chain.
B. outmatch the resource strengths of both low-cost providers and differentiators.
C. identify and concentrate on those differentiating features that are inexpensive to incorporate.
D. position the company outside the competitive arena of low-cost producers and differentiators.
E. meet or exceed buyer expectations on key quality/performance/features/service attributes and beat their expectations on price (given what rivals are charging for much the same attributes).


Answer: E

Business

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