Final answer:
Coral Divers' competitive position is affected by external factors such as climate change and its impact on coral reefs. The organization's resources, including the local ecosystem's health, are crucial for strategy development. A recommended strategy for Coral Divers is to focus on sustainable tourism, experience diversification, and coral conservation.
Step-by-step explanation:
The competitive position of Coral Divers is influenced by various external factors which impact the organization's strategy. These include global climate change, increasing levels of carbon dioxide, and the resultant effects on coral reefs.
Climate change leads to coral bleaching and ocean acidification, which in turn affects the viability of dive tourism and the local ecosystem. The health of coral reefs is critical for attracting tourists and maintaining a competitive position in the dive industry.
Coral Divers' resources like their location, reputation, infrastructure, and the health of the local reefs are critical in shaping their strategy. A healthy reef system is a core resource that drives tourist attraction and competitiveness. Therefore, these resources directly influence decisions on sustainability practices, market positioning, and customer experience enhancements.
For Grewall, a recommended strategy would be to adopt sustainable tourism practices, diversify the experience offerings, and possibly engage in coral conservation efforts.
Data to support this recommendation can be drawn from studies showing increased consumer preference for environmentally responsible businesses and the long-term economic benefits of preserving natural ecosystems.