A Winning Strategy Must Pass Which Three Tests

question 21

Multiple Choice

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

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Definitions:

Payroll Tax

Taxes imposed on employers and/or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.

Labor Supply

The total hours that workers are willing and able to work at a given wage rate.

Payroll Tax

Levies charged to both employers and employees, based on a percentage of the wages that employees receive from their employers.

Take Home Pay

The net amount of income that an employee receives after deductions like taxes and social security contributions.