Answer Happy

Best-cost provider strategies
aim at a competitive advantage based on giving customers
the best value for the money--success hinges on
developing the capability to incorporate attractive upscale
attributes at a lower cost than those rivals with comparable
upscale product offerings, thereby putting the company in a
position to underprice rivals with similar-caliber product
offerings.
involve charging a lower price for a product that has more
upscale attributes and features than the products offered by
companies pursuing either focused differentiation or broad
differentiation strategies.
seek to attract buyers on the basis of charging the best price
for a mid-quality, average-performing product.
aim at using the best operating practices to achieve lower costs
and charge lower prices than companies pursuing low-cost provider
strategies.
deliver superior value by providing buyers with a
top-of-the-line product at a below-average market price.