Practicing Success
Arrange the following steps in planning process in a logical sequence : - (A) Selecting the alternatives (B) Developing Premises (C) Implementing the plan (D) Identifying the alternative courses of action (E) Evaluating alternatives courses Choose the correct answer from the options given below : |
(A), (B), (C), (D), (E) (C), (D), (E), (B), (A) (B), (D), (E), (C), (A) (B), (D), (E), (A), (C) |
(B), (D), (E), (A), (C) |
The correct answer is option (4) : (B), (D), (E), (A), (C) Planning is a process of decision-making. Planning includes following steps- (D) Identifying alternative courses of action: 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. (E) Evaluating alternative courses: The next step is 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. (A) Selecting an alternative: 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. (C) Implementing the plan: This is the step where other managerial functions also come into the picture. The step is concerned with putting the plan into action, i.e., doing what is required. |