The Competitive Advantage of a Best-Cost Provider Is

question 37

Multiple Choice

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.

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Definitions:

Logistics

The detailed coordination of a complex operation involving many people, facilities, or supplies, in the organization and implementation of a scaleable and adaptable supply chain.

Tying Arrangement

A sales technique where a seller requires a buyer to purchase additional, often unrelated, items as a condition of buying a desired product.

Distributor

An intermediary in the distribution channel that buys products from manufacturers and then sells them to retailers or directly to the consumers.

Clayton Act

A U.S. antitrust law enacted in 1914 to prevent anti-competitive practices and monopolies, supplementing the Sherman Antitrust Act.