Write a note on SPACE as a technique of portfolio analysis.
Answers
Explanation:
Explanation:SPACE Analysis is an analytical technique used in strategic management and planning. SPACE is an acronym of Strategic Position and ACtion Evaluation. The analysis allows to create an idea of the appropriate business strategy for the enterprise. The analysis assesses the internal and external environment and allows to design an appropriate strategy.
Explanation:SPACE Analysis is an analytical technique used in strategic management and planning. SPACE is an acronym of Strategic Position and ACtion Evaluation. The analysis allows to create an idea of the appropriate business strategy for the enterprise. The analysis assesses the internal and external environment and allows to design an appropriate strategy.The analysis describes the external environment using two criteria:
Explanation:SPACE Analysis is an analytical technique used in strategic management and planning. SPACE is an acronym of Strategic Position and ACtion Evaluation. The analysis allows to create an idea of the appropriate business strategy for the enterprise. The analysis assesses the internal and external environment and allows to design an appropriate strategy.The analysis describes the external environment using two criteria:Environmental Stability (ES) - it is influenced by the following subfactors: technological change, inflation rate, demand volatility, price range of competitive products, price elasticity of demand, pressure from the substitutes
Explanation:SPACE Analysis is an analytical technique used in strategic management and planning. SPACE is an acronym of Strategic Position and ACtion Evaluation. The analysis allows to create an idea of the appropriate business strategy for the enterprise. The analysis assesses the internal and external environment and allows to design an appropriate strategy.The analysis describes the external environment using two criteria:Environmental Stability (ES) - it is influenced by the following subfactors: technological change, inflation rate, demand volatility, price range of competitive products, price elasticity of demand, pressure from the substitutesIndustry Attractiveness (IA) - it is influenced by the following subfactors: growth potential, profit potential, financial stability, resource utilization, complexity of entering the industry, labor productivity, capacity utilization, bargaining power of manufacturers