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As a tool of Blue Ocean Strategy, the strategy canvas provides a way to visualize the firm's strategy relative to other firms in the industry. The central portion of the strategy canvas is the __________, or the graphic representation of the firm's relative performance across its industry's factors.
Sectors
Distinct parts or areas within an economy, characterized by a specific kind of activity, such as the agricultural, manufacturing, or service sector.
Regressive Tax
A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases, disproportionately affecting low-income earners.
General Sales Taxes
A tax imposed on sales transactions, usually calculated as a percentage of the sales price and collected by the seller at the point of purchase.
Personal Income Taxes
Taxes levied on the income of individuals, typically graduated so that higher income levels are taxed at higher rates.
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