A very simplistic framework to think about the kind of Strategic advantages a firm can have. This has been taken from an excellent paper titled Measuring the moat written by Michael Mauboussin and i have rearranged it in a tabular format.
Firm specific
Value created = Willingness of buyer to pay – opportunity cost of supplier
“Simplicity is the ultimate sophistication” – Leonardo Da Vinci
good work ,Mr.Yadav
simplicity is the key indeed!