2 Views

Question : Case Study: ABC Retail Chain 

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 7th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Evaluating alternative courses of action


Solution : The correct answer is (a). Evaluating alternative courses of action

Once the potential courses of action are identified, the next logical step is to evaluate and compare them to determine which one aligns best with the organization's objectives and goals. This evaluation process may involve considering factors such as feasibility, cost-effectiveness, potential risks, and the expected outcomes of each alternative. After this evaluation, the retail chain can make an informed decision on which course of action to pursue. Subsequently, setting objectives and goals, identifying potential risks, and allocating resources can be part of the further planning process.

Related Questions

UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships
Symbiosis Law School Pune Adm...
Apply
NAAC A++ Accredited | Ranked #5 by NIRF
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Application Deadline: 1st Dec 2024
ICFAI Business School-IBSAT 2024
Apply
9 IBS Campuses | Scholarships Worth Rs 10 CR
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books