The _____ shows all of the different positions that a firm can adopt with regard to value creation and low cost assuming that its internal operations are configured adequately to support a particular position.

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The efficiency frontier is a graph that shows the different combinations of cost and value creation that a firm can achieve in a given market. It demonstrates all of the positions that a company can take with regards to both cost and value, given that its internal operations are optimized in such a way as to support that position. The goal is to find the point on the frontier that represents the optimal balance between cost and value creation, allowing the firm to outperform its competitors.

The _____ Shows All of the Different Positions That a Firm