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exercise 2

Overview

Please answer the following questions clearly and conscisely:

  1. How are the four building blocks of competitive advantage related to each other?
  2. What role can top management play in helping a company achieve superior efficiency, quality, innovation, and responsiveness to customers?
  3. Over time, will the adoption of Six Sigma quality improvement processes give a company a competitive advantage, or will it be required only to achieve parity with competitors?
  4. What is the relationship between innovation and competitive advantage?