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Business, 24.10.2019 01:00 kaniyawilhite

To profitably employ a best-cost provider strategy, a company must have the resources and capabilities to: sell a product with the best cost at the best price. have the best cost (as compared to rivals) for each activity in the industry's value chain. provide buyers with the best attributes at the best cost. incorporate attractive or upscale attributes into its product offering at a lower cost than rivals. do a better job than rivals of adopting the best operating practices.

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