Success with a best-cost provider strategy designed to outcompete high-end differentiators requires.
A)achieving significantly lower costs in providing the upscale features.
B)motivating buyers to purchase upscale features that match those of the rivals.
C)achieving the lowest costs in the industry.
D)matching the company's resources and capabilities to a low-cost provider status.
E)providing significantly better product attributes in order to justify a price above what low-cost leaders are charging.

Question

Quizplus · Accepted Answer

The success of a best-cost provider strategy designed to outcompete high-end differentiators requires achieving significantly lower costs in providing upscale features. This means offering similar features and quality as high-end differentiators but at lower costs. If the company can achieve this, it can appeal to value-conscious customers who want the same features and quality but at a lower price. This approach can be successful if the company can achieve a cost advantage over its high-end competitors while maintaining comparable quality and functionality.

Success with a Best-Cost Provider Strategy Designed to Outcompete High-End