What business model does your company use? 2. What is your organization’s vison and mission? 3.What objective evidence is there that your organization’s vision, mission, and objectives is helping it gain a sustainable competitive advantage. 4. Only briefly touch on what objective evidence, using the Three Tests of a Winning Strategy, is there that your organization’s vision, mission, and objectives support its strategy? Be sure to introduce your argument, explain your understanding of key terms, present your reasoning, and include independently verifiable supporting evidence. The Three tests of a winning strategy The competitive advantage test Is the strategy resulting in better strategic performance? The Goodness of Fit Test How well does the strategy fit the firm’s situation? The Performance Test Is the strategy producing better financial performance? To qualify as a winning strategy, a strategy has to pass all three tests
