What other threats are present in this state? What weaknesses do we anticipate will be in the proposed condition? What other threats are possible in this state? Are the weaknesses and threats in the current state much greater than in the future state? Strategic Position and Actions Evaluation Matrix The SPACE matrix is ​​a management tool used to analyze a business. It is used to determine the type of strategy a company should undertake. The Strategic Position and Actions Assessment Matrix or for short a SPACE Matrix is ​​a strategic management tool that focuses on the formulation of strategies, particularly with regard to the competitive position of an organization. The SPACE matrix can be used as a basis for other analyses, such as SWOT. analysis, BCG matrix model, industry analysis or evaluation of strategic alternatives (IE matrix). The four-quadrant framework of SPACE Matrix represents the suitability or appropriateness of strategies to be selected by a company, such as aggressive, conservative, defensive, or competitive strategies. . Organizations in four quadrants should adopt the following strategies: Quadrant I Financial stability and sector strength