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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


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Team Careers360 21st Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

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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