Question

The objective of a best-cost provider strategy is to:

Answer 1

Answer:

e. offer buyers the industry's best-performing product at the best cost and best (lowest) price in the industry.

Explanation:

Best cost provider strategy aims to provide the best goods as there is no compromise in quality and then the cost for customers is also comparatively low, as that provided by competitors.

This is clearly demonstrated by statement e, all other statements are not describing the basic characteristics of best cost providing strategy.

This is basically by attracting more and more customers with the low price and with no degradation in the quality, as this is least cost to customers, the customers prefer this a lot.