Question: Make the strategic position and action evaluation ( SPACE ) matrix for Aramco company. 1 . Include up to five factors to assess each SPACE
Make the strategic position and action evaluation SPACE matrix for Aramco company.
Include up to five factors to assess each SPACE axis: Financial Position FP Stability Position SP Competitive Position CP and Industry Position IP and the corresponding rating each factor should receive.
: Financial Position FP
current ratio
debt to equity
Net income
Revenue
Inventory turnover
Industry Position IP
Growth Potential
Financial Stability
Ease of Entry into Market
Resource Utilization
Profit Potential
Competitive Position CP
Market Share
Product Quality
Customer Loyalty
Variety of Products Offered
Control over Suppliers and Distributors
Stability Position SP
Rate of Inflation
Technological Changes
Price Elasticity of Demand
Competitive Pressure
Barriers to Entry into Market
You may use the factors provided here, but try to determine key factors related to your company and industry in the same manner you did with the CPM The calculations are done automatically and the rating scale is provided below.
Enter in the estimated FP SP CP and IP numbers for up to two competitors. Or instead of a competitor, you could show the estimated SPACE values for your firm after your proposed recommendations are implemented, ie a Before and After analysis. Or you could do both, just cut and paste the SPACE into PowerPoint then refill in the new data. It is important you fill in all information or Excel will place a circles at the origin of the SPACE since the default will be plot, which is the origin.
FP and IP
Positive worst to Positive best
CP and SP
Negative best to Negative worst
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