Answer:
Flexibility
Explanation:
Given that there are three types of process-related competitive priorities in which firms utilize to remain competitive in the market. These processes include:
1. flexibility
2. Innovation
3. sustainability
Flexibility in this situation is mostly referred to as adaptation to market changes. Given that this is a technological market, and it is often bound to quick changes and dynamism, especially in terms of customer taste and preferences, huge competitors, and shorter span of the technological product,
Hence, for this electronic company making smartphones, one of the most crucial process-related competitive operational priorities for the firm is Flexibility. This is due to various competitors coming with new models in short stints.