Question : Case Study: DEF Healthcare Solutions
DEF 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:
The step DEF Healthcare Solutions needs to take to identify potential challenges and opportunities in their expansion is:
Option 1: Evaluating alternatives
Option 2: Setting objectives and goals
Option 3: Identifying potential risks
Option 4: Allocating resources
Correct Answer: Identifying potential risks
Solution : The correct answer is (c) Identifying potential risks
Identifying potential risks involves a systematic assessment of the expansion plan to recognize any factors that could pose a threat or create opportunities. It helps in understanding the potential hurdles and benefits associated with the expansion. Identifying potential risks is the most relevant step for DEF Healthcare Solutions to take in order to assess and understand the potential challenges and opportunities associated with their expansion.
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