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In our discussion of additional competitive advantage frameworks, which of the following is best described by...

In our discussion of additional competitive advantage frameworks, which of the following is best described by "excellence in technology and development with the most advanced, highest quality offerings?"

Operational Excellence

Customer Intimacy

Streamlined Incentivizing

Product Leadership
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Answer #1

Answer: Operational excellence

Operational excellence is the idea that everyone takes part in the improvement. Improvements are required to improve the quality and sometimes technological advancement in the process results in improvement and excellence of the overall process. Operational excellence brings in competitive advantage to the firms by improving the process.

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