Tips may be considered as part of wages, but the employer must pay not less than $2.13 an hour in direct wages and make sure that the amount of tips received is enough to meet the remainder of the minimum wage.
Long-term action plan that is devised to help a company gain a competitive advantage over its rival. This type of strategy is often used in advertising campaigns by somehow discrediting the competition's product or service.
98 CHAPTER 3 STRATEGIC INFORMATION SYSTEMS FOR COMPETITIVE ADVANTAGE The most well-known framework for analyzing competitiveness is MichaelPorterâs competitive forces model (Porter, 1985). It has been used to developstrategies for companies to increase their competitive edge.