Identify the correct sequence of steps under the Planning function:
(A) Setting objectives
(B) Identifying alternative courses of action
(C) Developing premises
(D) Evaluating alternative courses of action
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → (A), (C), (B), (D)
(A) Setting objectives — The first step. Planning starts only when the goal is clear.
(C) Developing premises — The second step. The manager makes assumptions about the future, such as forecasts of demand or prices, before looking for courses of action.
(B) Identifying alternative courses of action — The third step. After the assumptions are ready, the manager finds the different ways to reach the objective.
(D) Evaluating alternative courses of action — The fourth step. The pros and cons of each alternative are weighed, and then the best one is selected.
NCERT (2026-27 Edition): “(i) Setting Objectives: The first and foremost step is setting objectives. Every organisation must have certain objectives. …” “(ii) Developing Premises: Planning is concerned with the future which is uncertain and every planner is using conjecture about what might happen in future.” “Identifying alternative courses of action: Once objectives are set, assumptions are made. Then the next step would be to act upon them. …” “Evaluating alternative courses: The next step is to weigh the pros and cons of each alternative.” |