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.

Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

Which of the following would be an accurate statement about achieving a balanced budget