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Question:

What are the steps involved in the planning process?

Answer:

The planning process involves several critical steps:

  1. Setting Objectives: The first step is to identify the goals that need to be achieved.
  2. Developing Premises: Managers make assumptions about future conditions that will affect the plan.
  3. Identifying Alternatives: Different strategies are formulated to achieve the objectives.
  4. Evaluating Alternatives: Each alternative is analyzed for feasibility, risks, and benefits.
  5. Selecting the Best Alternative: The most appropriate course of action is chosen.
  6. Implementing the Plan: The chosen plan is put into action with appropriate resources.
  7. Follow-up and Control: Regular monitoring is done to ensure that the plan is progressing as expected and adjustments are made if necessary.


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  • Answered by Ekta Mehta
  • 4 months ago

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