Develop a framework of Information system and Information Technology for any telecommunication company and answer the questions for the same given in figure 2.3 Wirele compte are What as change? How to gaur ada What assets FIGURE 2.3 A framework for formulating strategy Refer the following explanation given for questions to formulate the strategy Where to compete? - Requires a detailed understanding of the industry, its dynamics and the forces shaping its evolution and then identifying how the firm might position itself. How to gain an advantage? - Deciding how to compete in the chosen marketplace so as to be attractive for customers and to gain an advantage over competitors. What assets do we have? - Considering what makes the firm successful today and assessing the resources and capabilities to deliver the promises made to customers. What assets are required? Identifying any areas of weakness to overcome or new resources required or capabilities that have to be developed. How to change? - Based on the answers to the previous questions, agreeing what to change in order to compete (more) successfully and how this will be achieved