The Two Internal Dimensions Represented on the Axes of the SPACE

question 38

Multiple Choice

The two internal dimensions represented on the axes of the SPACE Matrix are

• A) stability position and industry position.
• B) industry position and internationalization.
• C) internationalization and competitive position.
• D) competitive position and financial position.
• E) financial position and stability position.

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Definitions:

Organizing

The process of arranging resources and tasks to achieve objectives efficiently and effectively within an organization.

Leading

The process of arousing enthusiasm and inspiring efforts to achieve goals.

Controlling

In management, it refers to the process of monitoring performance, comparing it with goals, and taking corrective action as needed.

Communication

The process of exchanging information, ideas, thoughts, and messages through speech, writing, signals, or behavior.