Q225
What does SPACE stand for?
A.
Sales, Position, and ACtion Evaluation
B.
Strategic Profit And Credit Evaluation
C.
Sales, Profit, ACtion and Evaluation
D.
Strategic Position and ACtion Evaluation
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
SPACE stand for Strategic Position and Action Evaluation. It is “an approach to hammer out an appropriate strategic posture for a firm and its individual business.”