For a Best-Cost Provider Strategy to Be Successful,a Company Must

question 34

Multiple Choice

For a best-cost provider strategy to be successful,a company must have

• A) excellent marketing and sales skills in convincing buyers to pay a premium price for the attributes/features incorporated in its product.
• B) the capability to incorporate upscale attributes at lower costs than rivals whose products have similar upscale attributes.
• C) access to greater learning/experience curve effects and scale economies than rivals.
• D) one of the best-known and most respected brand names in the industry.
• E) a short,low-cost value chain.

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Definitions:

Schizoid Personality Disorder

A mental health condition characterized by a long-standing pattern of detachment from social relationships and a restricted range of emotional expression.

Emotionally Detached

A state of being disengaged and dispassionate, not allowing oneself to express or fully experience emotions.

First-Degree Relatives

Family members who are most closely related to a person, including parents, siblings, and children.

Schizotypal Personality Disorder

This condition is described by intense social fear, disordered thinking, paranoid thoughts, a sense of unreality, short-lived instances of psychosis, and commonly, unusual beliefs.