What do I consider to be the critical b-school admission factors?

I taught the GMAT for about 3 years. In that time, I had the pleasure of teaching over 250 students. Along the way, I also had the privilege of helping a select few craft their admissions packages. Based on my experience and in order of importance, I present the following 8 factors I consider critical to getting into a top b-school:

1. GMAT Score
2. Application Essays
3. Work Experience
4. GPA
5. Extracurricular Activities
6. Recommendations
7. Interviews
8. Applicant Submission Round