Question: Why is it important to understand efficiency? Note: You can pick one or multiple answers Question 1 1 options: Efficiency impacts what consumer segment you

Why is it important to understand efficiency? Note: You can pick one or multiple answers
Question 11 options:
Efficiency impacts what consumer segment you might choose to target
Efficiency impacts whether your firms resources are easily imitated
If you have low efficiency, it might make sense to use a penetration pricing strategy
If you have low efficiency, you might be able to negotiate better distribution contracts
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