Describe the ways internet influences competition, Management Information Sys

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Question :

For companies that have achieved competitive advantage in the digital era by using IT, the Internet still remains the backbone for gaining strategic innovative advantages and at the same time; the same Internet can also become a threat to an entire industry.

(i) Describe the ways Internet influences competition within Porter's five factors.

(ii) Critically demonstrate with examples and discuss the main strategies used under Strategic Information Systems to gain competitive advantage

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