Question : Case Study: ABC Retail Chain (Continued)
In the planning process for expanding its product range, what should ABC Retail Chain do after identifying various courses of action?
Option 1: Evaluating alternative courses of action
Option 2: Identifying potential risks
Option 3: Setting objectives and goals
Option 4: Allocating resources
Correct Answer: Evaluating alternative courses of action
Solution : The correct answer is (a). Evaluating alternative courses of action
This involves assessing the potential benefits, risks, costs, and impacts associated with each option. By conducting a comprehensive evaluation, ABC Retail Chain can make informed decisions about which course of action aligns best with its objectives and overall strategic plan for expanding its product range.
Question : Case Study: ABC Retail Chain
In the planning process for expanding product range, what should ABC Retail Chain do after identifying various courses of action?
ABC Retail Chain is a popular brand with multiple stores across the country. They are planning to expand their product range by adding organic and eco-friendly products.
Question:
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