In the SPACE Analysis, What Does a (+6, +3) Strategy

question 55

Multiple Choice

In the SPACE analysis, what does a (+6, +3) strategy profile portray?

• A) A strong industry
• B) An unstable environment
• C) A stable environment
• D) A weak industry
• E) A weak financial position

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Definitions:

Trial Balance

A bookkeeping report that lists the balances of all ledgers in two columns, debits and credits, ensuring that total debits equal total credits.

Debit

An accounting entry that increases asset or expense accounts, or decreases liability, equity, or revenue accounts.

Credit

An accounting entry on the right side of an account ledger, recording increases in liabilities, equity, and revenue, or decreases in assets and expenses.

Recording Process

The act of documenting financial transactions systematically in the books of accounts of a business.