For a best-cost provider strategy to be successful, a company must have Group of answer choices one of the best-known and most respected brand names in the industry. access to greater learning and experience curve effects and scale economies than rivals. the capability to incorporate upscale attributes at lower costs than rivals whose products have similar upscale attributes. a short, low-cost value chain. excellent marketing and sales skills in convincing buyers to pay a premium price for the attributes/features incorporated in its product.