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

Answer: Option D

Solution(By Examveda Team)

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.”