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The type of factory which is the source of product and process innovation and competitive advantage for the entire organization is referred to as a(n):

1) Offshore factory
2) Source factory
3) Server factory
4) Lead factory

1 Answer

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Final answer:

4) Lead factory. The type of factory that is the source of product and process innovation and competitive advantage for the entire organization is referred to as a lead factory.

Step-by-step explanation:

The type of factory that is the source of product and process innovation and competitive advantage for the entire organization is referred to as a lead factory. A lead factory is responsible for developing new products and technologies, and it serves as a model for other factories within the organization.

For example, in the case of Apple, the lead factory would be the one where the next-generation Mac prototype is designed. The innovations and advancements made in this factory would be implemented in other factories where components are made, assembly takes place, and tech support is provided.

The lead factory plays a crucial role in driving innovation and ensuring the organization's competitive edge in the market.

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