(Answered) : Three tests can be applied to determine whether a strategy has the potential to be a winning strategy: 1) The Fit Test, 2) The C

Three tests can be applied to determine whether a strategy has the potential to be a winning strategy: 1) The Fit Test, 2) The Competitive Advantage Test and 3) The Performance Test. Explain the meaning of each of these tests. Illustrate your answer by using an example of one company who has passed each test and one company who has failed each test.

The answer should be an eassy format

Expert Answer

There are important three tests that are used for effectively evaluating the merits of one strategy ad compared to another. This also helps to evaluate how good and

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