Question : Case Study: MNO Healthcare Solutions (Continued)
In the planning process for expansion, what should MNO Healthcare Solutions 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 feasibility, advantages, disadvantages, and potential outcomes associated with each course of action. By conducting a comprehensive evaluation, the company can make an informed decision on the most suitable and effective approach for its expansion. This step is crucial for ensuring that the chosen expansion strategy aligns with the company's objectives and maximizes the chances of success.
Question : Case Study: MNO Healthcare Solutions
MNO Healthcare Solutions is a healthcare startup that aims to provide affordable medical services to underserved areas. The company is in the early stages of development and is looking for ways to expand its reach. Question:
In the planning process for expansion, what should MNO Healthcare Solutions do after identifying potential risks?
Option 2: Identifying various courses of action
Option 3: Developing premises
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