The productivity frontier provides a theoretical reflection of the possible best practices at any given time.Why is this an important tool for managers?

Question

Quizplus · Accepted Answer

Strategic positions are not fixed, but can-and need to-change as the environment changes. Since competition is never static, understanding changes as the industry evolves is critical in staking out valuable competitive positions and to sustain a competitive advantage.

The Productivity Frontier Provides a Theoretical Reflection of the Possible