Question

A winning strategy must pass which three tests?

A. the Dominant Market Test, the Sustainable Test and the ____ Test.
B. The fit test, the competitive advantage test and the performance test
C. The sustainable advantage test, the fit test, and the profit test
D. The performance test, the dominant market test and the Fit test

Answer 1

A winning strategy must pass the Dominant Market Test, the Sustainable Test, and the Fit Test. These tests are essential in determining the competitiveness and suitability of a strategy in the market.

Step-by-step explanation:

A winning strategy must pass the Dominant Market Test, the Sustainable Test, and the Fit Test. These three tests are essential in determining the competitiveness and suitability of a strategy in the market.

The Dominant Market Test evaluates whether the strategy can establish a strong position in the market and gain a significant market share. The Sustainable Test assesses whether the strategy is capable of sustaining a competitive advantage over time. Lastly, the Fit Test examines whether the strategy aligns with the company's resources, capabilities, and overall business model.

By passing these three tests, a strategy increases its chances of success and long-term profitability