Analyze the result of TUV Rheinland SPACE MATRIX below: The SPACE matrix is a management tool used
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Analyze the result of TUV Rheinland SPACE MATRIX below:
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The SPACE matrix is a management tool used to analyse a company. It is used to determine what type of a strategy a company should undertake. Internal Analysis: (-6 worst; -1 best) Competitive Position (CP) Established Brand & Global Presence Expertise and Experience Broad Service Portfolio Technological Know-How Competitive Position (CP) Average Internal Analysis: (6 highest;1 lowest) Financial Position (FP) Strong monthly turn over Established Name and Brand SPACE MATRIX Global Network of Offices and Laboratories Strong Financial Position and Cashflows Financial Position (FP) Average -1 -1 -3 -2 -1.4 5465 5 4 Technological Changes Regulatory Changes Currency Exchange Rate Fluctuations Changing Customer Preferences 4.0 Stability Position (SP) Average 6 External Analysis: (6 highest; 1 lowest) Industry Position (IP) Emerging Industries Embracing Digital Technologies Government Support for Industry Regulations Increasing Demand for ISO Certifications and Training Industry Position (IP) Average 5 External Analysis: (-6 worst; -1 best) Stability Position (SP) 5456 4.0 -2 -1 -4 -3 -2.0 The SPACE matrix is a management tool used to analyse a company. It is used to determine what type of a strategy a company should undertake. Internal Analysis: (-6 worst; -1 best) Competitive Position (CP) Established Brand & Global Presence Expertise and Experience Broad Service Portfolio Technological Know-How Competitive Position (CP) Average Internal Analysis: (6 highest;1 lowest) Financial Position (FP) Strong monthly turn over Established Name and Brand SPACE MATRIX Global Network of Offices and Laboratories Strong Financial Position and Cashflows Financial Position (FP) Average -1 -1 -3 -2 -1.4 5465 5 4 Technological Changes Regulatory Changes Currency Exchange Rate Fluctuations Changing Customer Preferences 4.0 Stability Position (SP) Average 6 External Analysis: (6 highest; 1 lowest) Industry Position (IP) Emerging Industries Embracing Digital Technologies Government Support for Industry Regulations Increasing Demand for ISO Certifications and Training Industry Position (IP) Average 5 External Analysis: (-6 worst; -1 best) Stability Position (SP) 5456 4.0 -2 -1 -4 -3 -2.0
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The SPACE Matrix is a strategic management tool that helps determine the strategic posture and related strategy a company should undertake based on fo... View the full answer
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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