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Home/Practice questions/Business Studies
Business StudiesPlanning

Planning is decided in advance what to do and how to do. Choose the c…

Planning is decided in advance what to do and how to do. Choose the correct sequence of steps to make the process of planning.

A. Developing premises
B. Follow up action
C. Evaluating alternatives
D. Identifying alternatives
E. Selecting an alternative

Choose the correct answer from the option given below.

Answer & explanation+

Correct answer: option 1

The correct answer is Option (1) → A, D, C, E, B

  • A. Developing premises — After objectives are set, assumptions about the future are made.

  • D. Identifying alternatives — All the possible courses of action are then found.

  • C. Evaluating alternatives — The pros and cons of each alternative are weighed.

  • E. Selecting an alternative — The best plan is chosen. This is the real point of decision making.

  • B. Follow up action — At the end, the plans are monitored to make sure the objectives are achieved.

NCERT (2026-27 Edition): “Planning Process … Developing premises: Planning is concerned with the future which is uncertain and every planner is using conjucture 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.”

“Selecting an alternative: This is the real point of decision making. The best plan has to be adopted and implemented.”

“Implement the plan: This is concerned with putting the plan into action. Follow-up action: Monitoring the plans are equally important to ensure that objectives are achieved.”

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