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 is a crucial step in the early stages of development and expansion for any organization, especially in the healthcare sector. By assessing potential challenges and opportunities, DEF Healthcare Solutions can develop strategies to mitigate risks and capitalize on favorable conditions.