Question : Case Study: MNO Healthcare Solutions
MNO 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:
In the planning process for expansion, what should MNO Healthcare Solutions do after identifying potential risks?
Option 1: Evaluating alternative courses of action
Option 2: Identifying various courses of action
Option 3: Developing premises
Option 4: Allocating resources
Correct Answer:
Evaluating alternative courses of action
Solution : The correct answer is (a). Evaluating alternative courses of action
Evaluating alternative courses of action allows MNO Healthcare Solutions to consider different scenarios and choose the most effective and feasible way to proceed, taking into account the potential challenges and opportunities identified during the risk assessment.
Identifying various courses of action, Developing premises, and Allocating resources are important steps in the planning process, but they typically follow the evaluation of alternative courses of action. The evaluation helps in selecting the most appropriate plan before moving on to the detailed aspects of implementation.