Firm profitability versus profitability

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Reference no: EM133672118

The reading in Competitive Advantages Within the Industry, the Firm's Profitability versus Profitability Within the Industry, Value Creation In the Company, the Value Map talks about the difficult roads each company must navigate if it is going to survive. One of the tools often used is the 'Indifference Curve'...the tool created to help display the product's sales effectiveness. Referencing the article and what you've learned in this Unit, write a report describing what the company gathers when using an Indifference Curve with their product(s). Use an example if helpful. What could the company miss if they do not include an Indifference Curve study in their assessment? Include a short introduction and a conclusion. Briefly discuss the benefits of an Indifference Curve. Is there anything else that the company should know that is not included in this assessment? For example, does the Curve include changes in technology? (ex: how would the introduction of a new I Phone impact the company's product?).

Reference no: EM133672118

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