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Question

Business Studies Question on Planning

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

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

Explanation

Solution

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.
(B) Implementing the plan: Executing the chosen plan.