GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following steps in the planning process should be completed before the others can be addressed?
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Putting plans into action
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Stating organisational objectives
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Listing alternative ways of reaching objectives
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Developing premises on which to base each alternative
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Explanation:
Detailed explanation-1: -The correct answer is Stating organizational objectives. Planning is concerned with defining goals for a company’s future direction and determining the resources required to achieve those goals.
Detailed explanation-2: -The most critical step in the process of planning is selecting the best possible course of action.
Detailed explanation-3: -2.1 1] Recognizing Need for Action. 2.2 2] Setting Objectives. 2.3 3] Developing Premises. 2.4 4] Identifying Alternatives. 2.5 5] Examining Alternate Course of Action. 2.6 6] Selecting the Alternative. 2.7 7] Formulating Supporting Plan. 2.8 8] Implementation of the Plan.
There is 1 question to complete.