The Strategic Position and Action Evaluation (SPACE) Matrix, its four-quadrant framework indicates whether aggressive, conservative, defensive, or competitive strategies are most appropriate. The axes of the SPACE Matrix represent two internal dimensions (financial position [FP] and competitive position [CP]) and two external dimensions (stability position [SP] and industry position [IP]). These four factors are perhaps the most important determinants of an organizations overall strategic position.

REMEMBER where you all want to be in the business quadrant: the defensive as it relates to Defensive Retrenchment Divestiture Liquidation is the quadrant you want to be.

Select one:

True

False