FINALS QUIZ 2: SPACE MATRIX ANALYSIS
Quiz by Harold N. Noga
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10 questions
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- Q1What does SPACE stands for?Strategic Position and Accrual EvaluationStrategic Position and Action EvaluationStrategy Position and And EvaluationStrategy Positioning and Appraisal Evaluation30s
- Q2What are the two internal dimensions to be considered in conducting SPACE?Competitive Advantage and Industry PositionFinancial Strength and Competitive AdvantageIndustry Stability and Environmental stabilityEnvironmental stability and Financial stability45s
- Q3A posture that occurs when all the dimensions are scored poorly and the firm in this position are very weak and heading for failures.aggressive postureconservative posturedefensive posturecompetitive posture30s
- Q4What are the two external dimension?Environmental Stability and financial stabilityIndustry Strength and competitive advantageenvironmental stability competitive advantageEnvironmental Stability and Industry Strength45s
- Q5This is an internal dimension which include market share, product quality, product life cycles etc. as key factors.industry stabilityfinancial strenghtEnvironmental stabilityCompetitive Advantage30s
- Q6A posture that arises when the firm is financially strong but is unlikely to make significant returns from the business.defensive postureconservative postureaggressive posturecompetitive posture30s
- Q7A posture that arises when a firm has strong advantages in attractive industry but its financial strength is insufficient to compensate for environmental stability.competitive postureconservative postureaggressive posturedefensive posture30s
- Q8This is an external dimension which an include technological change, rate of infaltion, demand variability etc. as key factors.environmental Stabilityindustry stabilityfinancial strengthcompetitive advantage30s
- Q9A posture when all the dimensions are positive and the implicit strategy is to enforce growth in the business and raising the stakes for all competitors.competitive postureaggressive postureconservative posturedefensive posture30s
- Q10A coordinate of _________ in the SPACE Matrix is a defensive profile.+1, +1-4, -2-2, +3+5, -160s