..but it depends on what you mean by "program". You mention that you "dragged" the program to another folder. Did you drag the entire program "folder", the actual .exe program file, or was it the program shortcut file which starts the program??

What was the name of the file that you dragged?

You mention that the program is still in the "Program Files" folder...If you access that file directly, then double click it, does the program run? If so, you may need to create a new shortcut to it and replace the old one in the start menu. (RIGHT click directly on the .exe program file, choose "Create Shortcut" and a new shortcut will be placed in the same folder as the .exe file. In Windows Explorer, Drag that shortcut link to the C\Windows\Start Menu\Programs folder.)

Hope this helps.