The Basic Strategy Paradigm Suggests That to Maximize Its Profitability,a

question 7

Multiple Choice

The basic strategy paradigm suggests that to maximize its profitability,a firm should do all of the following,except:

• A)choose,according to strategy,any position on the efficiency frontier as all positions are viable.
• B)pick a position on the efficiency frontier that is viable in the sense that there is enough demand to support that choice.
• C)configure its internal operations so that they support the position on the efficiency frontier.
• D)make sure that the right organization structure is in place to execute the strategy.

---

Definitions:

Reasonable Price

A price that is fair and acceptable based on the context of the market, product, or service being provided.

Sheet Metal

A flat piece of metal formed into thin and flat pieces, used in building and manufacturing for various purposes.

Market Price

Market price is the current value at which a good, service, or asset can be bought or sold in a competitive marketplace.

Three Shares Of Stock

Small equity portions representing part ownership in a company, specifically quantified as three units of stock.