Do a better job than rivals of performing value chain activities more cost efficiently Revamp the firms value chain to eliminate costly work steps andor bypass certain cost-producing value chain activities altogether. However return on investment is significantly less than the cost. Photography Logo Free Watermark Black And White Logo Design Etsy Photography Logos Photography Logo Design Business Logo Design Thats exactly what the seven businesses below managed to do. . The best-cost strategy works best when you have the resources and capabilities to manufacture a high-quality product at a low cost. The best cost strategy is a combination of the benefits of the cost leadership and differentiation strategies. Asked Sep 13 2019 in Business by Taylor. Introduction Michael Porter is a professor at Harward Business School. Is being the lowest cost provider the best strategy for increasing sales and bumping the bottom line. Purs...