Problem: Situational Diagnostics & Recommended Strategic Action(s)
In this section, you present the analysis that integrates the internal and external factors that demonstrate the current condition of the organization (TESLA). What type of competitive strategy do you determine to be appropriate based on their resource capabilities, environmental conditions, and competitive position? Use some of the diagnostic tools for analysis and evaluation to support your premise, and then conclude this section with one major strategic action item that you deem to be appropriate for the company to undertake.
• Diagnostic analysis of current condition using strategic tools:
o Industry Growth rate & Market Share position in BCG Matrix
o SWOT Analysis
o Ratio Analysis of financial condition
• Recommended Strategic Action
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.