Thank you!

Company L was the first company to start selling electric scooters. Soon after, other companies started to sell their own brands of electric scooters, thereby giving Company L ample competition. In response, Company L focused on developing additional functions, such as the speedometer and lights for safe riding at night. The company also enhanced the durability of the scooters, making it the most economically competitive product on the market. With these developments, Company L consistently outperformed its competitors for ten years. In this scenario, Company L maintained a through its innovative strategy. Selected Answer: c. consistent power position Answers: a. sustainable competitive advantage b. balanced scorecard c. consistent power position d. fiduciary responsibility