After acquiring Twitter in 2022, Elon Musk was faced with a difficult situation. The firm had very low levels of cash on hand, to the point that it was reported that the firm couldn't afford to pay rent for its San Francisco office. There were also reports of janitorial staff being laid off and unclean workspaces as a result. Despite wanting to make substantial strategic changes to Twitter, Musk found that he was limited in what he could potentially do. This situation reflected a lack of: O Managerial discretion O Environmental scanning O Emergent strategy O Intellectual capital