Post by account_disabled on Dec 2, 2023 7:13:50 GMT
External factors such as the stability of the environment and attractiveness of the industry and internal factors such as competitive advantage and financial strength are responsible for the specific position of the company. The above technique is most often used to evaluate strategic plans processes and can complement SWOT analysis or the BCG matrix . elements of SPACE analysis For SPACE strategic analysis a matrix is used which presents the areas affecting the company. Depending on what place it will take this course of action should be taken.
There are of them to which you can assign sample indicators such as Stability of the environment - inflation rate technology development existence of substitutes competitive price range variability of demand or legal regulations level of interest photo editing servies rates is located in the lower part of the Y axis on the matrix ES – environmental stability Attractiveness of the industry - entry barriers growth and profit potential number of announced company bankruptcies is located on the right side of the X axis in the matrix IS – industry stregth Competitive advantage – loyalty innovation product life cycle and quality.
Is located on the left side of the X axis in the matrix CA – competitive advantage Financial strength – cash flow financial liquidity return on investment debt ratio net profit is located in the upper part of the Y axis on the matrix FS – financial strength . How to determine a company's position using SPACE analysis? SPACE matrix scoring A specific number of points are assigned to each of the above-mentioned areas - environmental stability and competitive advantage can receive a score from - to where the lower the score the weaker the company's position.
There are of them to which you can assign sample indicators such as Stability of the environment - inflation rate technology development existence of substitutes competitive price range variability of demand or legal regulations level of interest photo editing servies rates is located in the lower part of the Y axis on the matrix ES – environmental stability Attractiveness of the industry - entry barriers growth and profit potential number of announced company bankruptcies is located on the right side of the X axis in the matrix IS – industry stregth Competitive advantage – loyalty innovation product life cycle and quality.
Is located on the left side of the X axis in the matrix CA – competitive advantage Financial strength – cash flow financial liquidity return on investment debt ratio net profit is located in the upper part of the Y axis on the matrix FS – financial strength . How to determine a company's position using SPACE analysis? SPACE matrix scoring A specific number of points are assigned to each of the above-mentioned areas - environmental stability and competitive advantage can receive a score from - to where the lower the score the weaker the company's position.