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Analyze the result of TUV Rheinland SPACE MATRIX below: The SPACE matrix is a management tool used to analyse a company. It is used to

Analyze the result of TUV Rheinland SPACE MATRIX below:

student submitted image, transcription available belowCP -7 -6 -5 -4 -3 -2 -1 FP 7 6 5 3 2 1 2 -3 -4 -5 -6 -7 SP 1 2 3 5 6 7 -IPstudent submitted image, transcription available below

The SPACE matrix is a management tool used to analyse a company. It is used to determine what type of a strategy a company should undertake. Internal Analysis: (-6 worst; -1 best) Competitive Position (CP) Established Brand & Global Presence Expertise and Experience Broad Service Portfolio Technological Know-How Competitive Position (CP) Average Internal Analysis: (6 highest;1 lowest) Financial Position (FP) Strong monthly turn over Established Name and Brand SPACE MATRIX Global Network of Offices and Laboratories Strong Financial Position and Cashflows Financial Position (FP) Average -1 -1 -3 -2 -1.4 5465 5 4 Technological Changes Regulatory Changes Currency Exchange Rate Fluctuations Changing Customer Preferences 4.0 Stability Position (SP) Average 6 External Analysis: (6 highest; 1 lowest) Industry Position (IP) Emerging Industries Embracing Digital Technologies Government Support for Industry Regulations Increasing Demand for ISO Certifications and Training Industry Position (IP) Average 5 External Analysis: (-6 worst; -1 best) Stability Position (SP) 5456 4.0 -2 -1 -4 -3 -2.0

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