STATEGIC FORESIGNT AND DECISION MAKING
TASK: Optimizing Situation Analysis for a vehicle manufacturing organization (the company of your choice) OBJECTIVE: To investigate and propose a range of techniques and strategies specifically tailored to increase the efficiency and effectiveness of understanding the current situation of a vehicle manufacturing organization. This encompasses assessing the organization's internal capabilities and external market conditions to inform strategic decision-making and operational improvements. INSTRUCTIONS: 1. Provide an overview of situation analysis in the context of a vehicle manufacturing industry. 2. Highlight the significance of an accurate and comprehensive situation analysis for a vehicle manufacturing organization in achieving competitive advantage and responding to market demands. SECTION 1: MARKET ANALYSIS Definition and Purpose: Define market analysis within a vehicle manufacturing industry and explain its importance in understanding consumer behavior and tren...