A firm’s profitability is maximized when it: A. creates products simi

QUESTION

A firm’s profitability is maximized when it:

A. creates products similar to the products of its competitors.

B. strips all the value out of its product offering.

C. ensures that it has the right organization structure in place to execute its strategy.

D. picks a position on the efficiency frontier that is not viable.

E. does not configure its internal operations to reduce costs.

ANSWER

C