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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


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 10th Jan, 2024

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.

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