Mary must read the case study, "Cottage Senior Living" and demonstrate or explain the SPACE analysis around the four dimensions: Financial Strength, Industry Strength, Environmental Stability, and Competitive Advantage. The analysis should include the following elements:

• Strategic Position and Action Evaluation Factors
• Strategic Position and Action Evaluation Matrix
• Brief summary of the analysis.

Mary is required to apply critical thinking skills through a very thorough reading of the case and synthesizing the content provided to determine whether to assume conservative, aggressive, defensive, or competitive strategies as far as company approach.

For the SPACE Factors analysis, Mary has been given several options as far as indicating the scores for each of the elements on the excel sheet below. Mary is instructed to bold the number, change the font color, or shade the specific cell, or circled the number using Excel tools. Mary's can choose to indicate the numbers that she has chosen. Mary will need to manually compute the math for the overall score for each factor.

For the SPACE Matrix analysis, Mary will need to use the tools (symbols) found in Excel to manually produce the graph. Depending on the version of Excel, Mary should be able to locate the symbols under "Insert" from the Excel menu. Once Mary has located the symbols, she can click and select symbols for drawing a line, a line with an arrow, and a circle (shrink to a smaller size dot). These are the only symbols Mary will need to complete their graph (Strategy Profile). Exhibit 7-14 provides examples of what the completed Strategy Profile should look like.

For the "Factors Determining Financial Strength," Mary should use the information found at Exhibits 6 and 7 and a thorough examination of the case study.

For the critical factors and comments sections on the SPACE factors analysis, Mary should explain in two to three sentences what are the most sufficient for supporting explanation. Please remember it is the substantive content value of the comments that matters; not how much she writes (type).

References

1. Ginter, Peter M., Duncan, Jack W. and Swayne, Linda E. Strategic Management of Health Care Organizations (8^thed). (Chapter7).
2. Cottage Senior Living Case Study (Case 1 in student resources section of thetextbook) Link: https://bcs.wiley.com/he-bcs/Books?action=mininav&bcsId=11121&itemId=1119349702&assetId=450378&resourceId=43941&newwindow=true