The competitive advantage of a best-cost provider is
A) having the best value chain in the industry.
B) its brand name reputation.
C) its capability to incorporate upscale or attractive attributes into its product offering at lower costs than rivals.
D) a distinctive competence in delivering top-notch quality and customer service.
E) a distinctive competence in supply chain management.

Question

Quizplus · Accepted Answer

A best-cost provider is able to offer products or services with upscale or attractive attributes at a lower cost than rivals. This allows them to differentiate themselves from low-cost providers while still maintaining a competitive advantage over high-end providers. This unique ability to offer a combination of quality and low price is what sets a best-cost provider apart in the market.

The Competitive Advantage of a Best-Cost Provider Is