The Strategic Position and Action Evaluation Matrix commonly (SPACE Matrix) is one of the important tools to assess the company and its environment. It has four quadrants and each quadrant indicates which strategy a firm should adopt i.e. competitive, aggressive, conservative, or defensive in a current position. X axis of the SPACE Matrix contain internal dimensions (Competitive Advantage (CA) and Financial Strengths (FS)) and Y-axis contain external dimensions (Industry Strengths (IS) and Environmental Stability (ES)). These four dimensions are the most important determinants of a firm’s overall strategic position. Each dimension holds many factors from EFE, IFE, and SWOT Analysis etc.
Following are some of the important steps involved in the construction of Space Matrix.
SPACE Matrix of Coca – Cola Company
ES Average Score = -1.83 + Average FS Score (+5.00) = +3.17
Average CA Score = -1.50 + Average IS Score (+5.00) = +3.50
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Thank You so Much
Very useful website. Keep it going
please reconcile the statement that X-axis contains internal dimensions whereas Y-axis contains external. Both X and Y axes have one each internal and external dimensions i.e X - axis contains IS (external) and CA (internal) whereas Y - axis contains FS (internal) and ES (external).
Thanks
Very informative website. Just what i needed to know about an example of Space matrix implementation. Thanks
Thank you so much today i done my assignment due to our blog
Please, can someone explain the meaning of the Environmenal Stability with reference to some of the actual numbers indicated in the above mentioned case application...
Thanks in advance...
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Great! and I found it very impressive and useful!
Nicely explained thanks