Question

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. (C), (A), (D), (E), (B)
• B. (D), (B), (C), (A), (E)
• C. (A), (B), (C), (D), (E)
• D. (A), (B), (D), (E), (C)

Answer 1

The Correct Option is A

Effective business planning hinges on a precise sequence of steps. Let's break down the correct order:

1. Set Objectives (C): This initial phase involves defining the specific goals and desired outcomes of the plan.
2. Develop Premises (A): Following objective setting, establish the underlying assumptions and conditions that will guide the plan's execution.
3. Identify and Evaluate Alternatives (D): Explore various potential actions and assess their feasibility and effectiveness in achieving the objectives.
4. Select the Best Alternative (E): Choose the most appropriate course of action from the evaluated options.
5. Implement the Plan (B): Put the chosen strategy into practice by executing the selected actions.

Therefore, the definitive sequence for the planning process is: (C), (A), (D), (E), (B).