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Provide a graduate-level response, utilizing material from the weekly reading, to each of the following questions:1) Identify and define the seven quality management areas of ISO then rank them from most to least important. What rationale is your list based upon?2) List and describe the three competitive advantages for outsourcing. Which of the three competitive advantages do you think companies are most willing to outsource for? Why?You will draft your initial post to the above questions in a Word document. You will submit the Word document through the link provided in the Content folder. You will copy and paste the body of your initial post and the reference section into the Discussion Forum creating your initial post to initiate discussion.The main body of your initial post should be at least 800+ words and in APA format (including Times New Roman with font size 12). Do not post any title section within the discussion forum.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. The textbook needs to be well utilized in answering all of the questions. Other sources are not required but feel free to use them if they aid in your discussion. However, do not substitute other sources for the textbook.