The competitive advantage of a best-cost provider is A. having the best value ch

Question

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 attributes at lower costs than rivals whose products have similar upscale attributes. D. a distinctive competence in delivering top-notch quality and customer service. E. a distinctive competence in supply chain management. 19.) The target market of a best-cost provider is A, value-conscious buyers. B. brand-conscious buyers. C. price-sensitive buyers. D. middle-income buyers. E. young adults (in the 18-35 age group). 20.)

Explanation / Answer

19. The answer is given below:

C. its capability to incorporate upscale attributes at lower costs than rivals whose product have similar upscale attributes.

The competition plays a major role for the business, as where the company provide same quality products of their competitors will low price strategy, to increase the number of customers.

20. The answer is given below:

A) value- conscious buyers

The company target on their customer who knows the money value of their products, because those customers can afford on their expensis and by the product to satisfy on their needs and wants.

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