Arrange the following steps of the planning process in the correct sequence:

(A) Objective setting

(B) Alternative identification

(C) Alternative evaluation

(D) Alternative selection

Choose the correct answer from the options given below:

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

The correct answer is option 2- (A), (B), (C), (D).

(A) Objective setting- The first and foremost step is setting objectives. Every organisation must have certain objectives. Objectives may be set for the entire organisation and each department or unit within the organisation.

(B) Alternative identification- Once objectives are set, assumptions are made. Then the next step would be to act upon them. There may be many ways to act and achieve objectives. All the alternative courses of action should be identified.

(C) Alternative evaluation- After All the alternative courses of action should be identified. Now its time to weigh the pros and cons of each alternative. Each course will have many variables which have to be weighed against each other. The positive and negative aspects of each proposal need to be evaluated in the light of the objective to be achieved.

(D) Alternative selection- This is the real point of decision making. The best plan has to be adopted and implemented. The ideal plan, of course, would be the most feasible, profitable and with least negative consequences.