Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
542 views
in General by (108k points)
closed by
Which of the following steps in the planning process should be completed before the others can be addressed?
1. Putting plans into action
2. Developing premises on which to base each alternative
3. Stating organizational objectives
4. Listing alternative ways of reaching objectives

1 Answer

0 votes
by (111k points)
selected by
 
Best answer
Correct Answer - Option 3 : Stating organizational objectives

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.
    • Common components of a business plan include external and internal analyses, marketing and branding, investments, debt, resource allocation, suppliers, production processes, competition, and research and development.

  • The step-wise process of planning-
    • Setting Objectives
    • Developing Planning Premises
    • Identifying Alternative Courses of Action
    • Evaluating Alternative Course of Action
    • Selecting One Best Alternative
    • Implementing the Plan
    • Follow Up Action 
  • As we can see that Stating organizational objectives is the first step and others are addressed thereafter.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...