What Is Meant by "Competitive Advantage"? What Are the Different

question 105

Essay

What is meant by "competitive advantage"? What are the different ways that IT can be used to gain a competitive advantage?

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Definitions:

Advent of Writing

The historical period when human societies began to develop and use writing systems to record information, events, and ideation.

Silk Road

An ancient network of trade routes that connected the East and West, facilitating not only commerce but also the exchange of culture, religion, and technology.

Asia to Europe

This term refers to the diverse cultural, economic, historical, and geopolitical interactions and connections between countries in Asia and Europe.

Great Pyramid

The largest of the three pyramids at Giza, Egypt, built as a tomb for Pharaoh Khufu (Cheops) around 2580-2560 B.C.