Which is the correct sequence of steps in the process of planning?
(A) Developing premises
(B) Implementing the plan
(C) Setting objectives
(D) Identifying alternative courses of action and evaluating them
(E) Selecting an alternative
Choose the correct answer from the options given below:
(A) Developing premises
(B) Implementing the plan
(C) Setting objectives
(D) Identifying alternative courses of action and evaluating them
(E) Selecting an alternative
Choose the correct answer from the options given below:
- (C), (A), (D), (E), (B)
- (D), (B), (C), (A), (E)
- (A), (B), (C), (D), (E)
- (A), (B), (D), (E), (C)
The Correct Option is A
Approach Solution - 1
The sequence of steps in the process of planning is crucial for effective planning in business studies. Let's analyze the correct sequence step by step:
- Setting Objectives (C): This is the first step, where the goals or outcomes of the plan are clearly defined.
- Developing Premises (A): After setting objectives, it's important to develop premises, which are the assumptions or conditions under which the plan will operate.
- Identifying Alternative Courses of Action and Evaluating Them (D): In this step, various possible courses of action are identified and evaluated for their potential effectiveness in achieving the objectives.
- Selecting an Alternative (E): Once the alternatives are evaluated, the most suitable one is selected to execute the plan.
- Implementing the Plan (B): Finally, the selected plan is put into action. This step involves executing the chosen course of action.
Thus, the correct sequence of steps in the process of planning is: (C), (A), (D), (E), (B).
Approach Solution -2
The correct sequence of planning steps is:
(C) Setting objectives: Defining what the organization aims to achieve.
(A) Developing premises: Establishing the assumptions or premises under which the plan will operate.
(D) Identifying alternative courses of action and evaluating them: Finding different ways to achieve the objectives and assessing them.
(E) Selecting an alternative: Choosing the most suitable option from the alternatives.
(B) Implementing the plan: Executing the chosen plan.
This sequence ensures a logical progression from goal setting to execution in the planning process.
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