The Basic Strategy Paradigm Suggests That to Maximize Its Profitability

Multiple Choice

The basic strategy paradigm suggests that to maximize its profitability, a firm should do which of the following?

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 a low product demand anticipated.
C) Configure its external operations so that they support the position of diminishing returns.
D) Make sure that the right organization structure is in place to execute its strategy.