Recommend a strategy that Crocs, Inc should adopt and justify the reason. Explain your recommendation not exceeding 150 words.

SPACE Matrix Crocs, Inc. Internal Analyxis: Competitive Position (CP) Market Share Product Quality Customer Loyalty Technological know-how Control over Suppliers and Distributors Competitive Position (CP) Average External Analysis: Industry Position (IP) -5 Growth Potential -3 Financial Stability -3 Ease of Entry into Market -2 Resistance to Economic Downturns -2 Profit Potential -3.0 Inchustry Position (IP) Average 3 4 3 5 4 3.8 Internal Analysis: Financial Position (EP) Revenue Profit Liquidity Company Worth Quick Ratio Financial Position (FP) Average External Analysis: Stability Position (SP) 4 Rate of Inflation 4 Technological Changes 5 Counterfeit Products 3 Competitive Pressure 6 Barriers to Entry into Market 4.4 Stability Position (SP) Average -7 -7 -3 -4.2 Formula: X-axis - Average. Competitive Position (CP) + Average. Industry Position (IP) = -3 +3.8 = 0.8 Y-axis = Average. Financial Position (FP) + Average. Stability Position (SP) = 4.4 +(-4.2) = 0.2 FP Conservative Agressie 6 X=0,8 Y-02 N CP IP -7 6 4 2 3 4 5 -1 Defensive Competitie SP 1. From the information space matrix above, write a conclusion / suggestion on the strategy that Crocs, Inc can implement and why