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.

Question

Quizplus · Accepted Answer

The efficiency frontier shows all the different positions a firm can adopt with regard to adding value to the product and lowering cost assuming that its internal operations are configured efficiently to support a particular position.The efficiency frontier has a convex shape because of diminishing returns.

The _____ Shows All of the Different Positions That a Firm