A focused low$-$cost strategy seeks to achieve competitive advantage by:

Question $3$ options:

serving buyers in a narrow piece of the total market $($target market niche$)$ at a lower cost and lower price than rivals

dominating more market niches in the industry via a lower cost and a lower price than any other rival

delivering more value for lesser money than other competitors

performing the primary value chain activities at a lower cost per unit than can the industry's low$-$cost leaders

outmatching competitors in offering niche members an absolute rock$-$bottom price