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:
The step MNO 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 assessing the challenges and opportunities associated with an expansion. This involves conducting a risk analysis to understand the factors that could impact the success of the expansion. This step allows MNO Healthcare Solutions to proactively address potential challenges and capitalize on opportunities by developing strategies to mitigate risks.
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