what factors should be considered in selecting an ISIT that

Solution

Competitive advantage is defined as a leveraged for a business has over its competitors.

In this term a business earn gain by offering better and great quality of products.

A competitive advantage also include access of natural resources. When we understand competitive.advantage value proposition is most important.part of this.

If a value.proposition is effective of a firm, that mean a firm.provide better and greater value to clients. The value proposition also increased expectations and choice of customer.

Michael porter defined two ways in which an organizations can achieving competitive advantage.

1) COST ADVANTAGE....Cost advantage apply on.firm when a firm provide products and Services at a lesser cost,.as its competitors.

2) DIFFERENTIATION ADVANTAGE....DIFFERENTIATION advantage apply on.a.firm when a firm provide better and greater quality of products and Services, as its competitors.

According to porter \"strategy management should be concerned with boosting competitive advantage\".

The other theory , comparative advantage can can lead countries to specialize in exporting primary good and raw materials that trap countries in low wage economic due to term of trade.

Thank you...