ICT652 Leadership and Innovation in IT Weekly Activity - 4 Answer the Following Questions Question 1: Briefly explain any three advantages and disadvantages of collaborating on a development project. Question 2: What are the advantages and disadvantages of outsourcing compared to other collaborative arrangements such as joint ventures? Briefly explain. Question 3: Why 1s it necessary to perform an external and mternal analysis before the firm can 1dentify its true core competencies? Briefly explain. Question 4: Briefly explain why talent and first-mover advantage are considered difficult to imitate resources, and how they contribute to a firm's competitive positioning