TB MC Qu$.05-86$ Best$-$cost provider strategies are appealing...

Best$-$cost provider strategies are appealing in those market situations where

Multiple Choice

buyers are more quality$-$conscious than price$-$conscious.

a company is positioned between competitors who have ultra$-$low prices and competitors who have top$-$notch products in terms of both quality and performance.

there are numerous buyer segments, buyer needs are diverse across these segments, only a few of the segments are growing rapidly, and sellers' products are strongly differentiated.

diverse buyer preferences make product differentiation the norm and where a large number of value$-$conscious buyers can be induced to purchase midrange products.

buyers are more performance$-$conscious than value$-$conscious.