Question #$10$

Management

Woods Organic Foods Inc. was a first mover in the energy bar market$-$it was the first company to sell energy bars in its country. Due success, other companies began selling competing brands of energy bars. In response, Woods Organic Foods decided to only produ of energy bars, but it ensured that these bars were low cost and low in calories. Due to this strategic decision, Woods Organic Foods outperform its competitors. This is an example of what?

fiduciary responsibility

executive function

balanced scorecard

sustainable competitive advantage