________ allows a firm to reduce its cost of creating value and increase its profitability.
A) Moving down the experience curve
B) Moving up the experience curve
C) Moving down the learning effect curve
D) Moving up the learning effect curve

Question

Quizplus · Accepted Answer

Moving down the experience curve allows a firm to reduce its cost of creating value and increase its profitability. The firm that moves down the experience curve most rapidly will have a cost advantage vis-à-vis its competitors.

________ Allows a Firm to Reduce Its Cost of Creating