Which of the following examples illustrates a firm that has achieved competitive advantage through technology?
A) A firm that has the leanest production processes
B) A firm that focuses on producing zero defect products
C) A firm that relies on experts to develop a product
D) A firm that reduces its advertising and promotional costs
E) A firm that caters to only a selected few customer needs

Question

Quizplus · Accepted Answer

A firm that has the leanest production processes has achieved competitive advantage through technology by optimizing its production processes, making it more efficient and cost-effective than its competitors.

Which of the Following Examples Illustrates a Firm That Has