Question : Case Study: PQR Software Solutions
PQR Software Solutions is a startup that provides innovative software solutions. The company is planning to introduce a new customer support system.
Question:
In the planning process for the new customer support system, what should PQR Software Solutions do after identifying potential risks?
Option 1: Setting objectives and goals
Option 2: Evaluating alternatives
Option 3: Developing premises
Option 4: Allocating resources
Correct Answer: Evaluating alternatives
Solution : The correct answer is (b). Evaluating alternatives
Once potential risks are identified, the next logical step is to evaluate various alternatives or courses of action to mitigate or address those risks. This involves considering different strategies, approaches, or solutions to minimize the impact of the identified risks.
Therefore, the logical sequence in the planning process would be to evaluate alternatives after identifying potential risks.
PQR Software Solutions is a startup that provides innovative software solutions. The company is planning to introduce a new customer support system. Question:
The step PQR Software Solutions should take to identify potential risks and uncertainties in the new customer support system is:
Option 1: Evaluating alternatives
Option 2: Setting objectives and goals
Option 3: Identifying potential risks
To overcome the limitations of planning, PQR Software Solutions can focus on:
Option 1: Incorporating flexibility in the plans
Option 2: Relying solely on top management's decisions
Option 3: Limiting employee involvement
Option 4: Adopting a reactive approach
Question : Case Study: XYZ Software Solutions
XYZ Software Solutions is a startup that provides innovative software solutions. The company is planning to launch a new product and wants to ensure a successful launch. Question:
The step XYZ Software Solutions should take to identify potential risks and uncertainties in the new product launch is:
XYZ Software Solutions is a startup that provides innovative software solutions. The company is planning to launch a new product and wants to ensure a successful launch.
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