A winning strategy must pass which three tests?
A) The Dominant Market Test,the Sustainable Advantage Test,and the Profit Test
B) The Fit Test,the Competitive Advantage Test,and the Performance Test
C) The Sustainable Performance Test,the Fit Test,and the Profit Test
D) The Performance Test,the Dominant Market Test,and the Fit Test
E) The Fit Test,the Sustainable Advantage Test,and the Dominant Market Test

Question

Quizplus · Accepted Answer

The Fit Test ensures that the strategy fits with the company's values, resources, and capabilities. The Competitive Advantage Test enables the company to have an edge over its rivals. The Performance Test tells how well the strategy is performing, and if it is meeting its targets or not. Therefore, B is the correct option as it covers all three tests. The other options are either missing one or have some irrelevant tests.

A Winning Strategy Must Pass Which Three Tests