During a whole class discussion, describe the association between information systems and the concept of competitive advantage. First define competitive advantage. Why would a company want to have a competitive advantage?

During a whole class discussion, describe the association between information systems and the concept of competitive advantage. First define competitive advantage. Why would a company want to have a competitive advantage?

 

Solution

Competitive advantage- Competative advantage is a situation when country or companies are producing lower price products with very sound quality and better than its competitors.

When companies or country have strong manufacturing or production strengths ,then it’s leads to Competative advantage .

Competitive advantage include factors like cost, structure,brand ,

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