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)providing significantly better product attributes in order to justify a price above what low-cost leaders are charging.
C)matching the company's resources and capabilities to a low-cost provider status.
D)motivating buyers to purchase upscale features that match rivals.
E)achieving the lowest costs in the industry.

Question

Quizplus · Accepted Answer

In order to effectively compete with high-end differentiators as a best-cost provider, a company must achieve significantly lower costs in providing the same or similar upscale features. This allows the company to offer a lower price than the high-end differentiators while still providing the same level of product attributes.

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