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Q.(OR) Write four points of process of planning.

Madhya Pradesh MpbseMP Board (MPBSE) Higher Secondary (Commerce) 2024Subjective· 4mImportance★★★★★
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Planning process: objectives → premises → identify & evaluate alternatives → select and implement.

Steps in the process of planning:

  1. Setting objectives — decide clearly what the organisation wants to achieve.
  2. Developing premises — make assumptions/forecasts about the future conditions in which the plan will work.
  3. Identifying and evaluating alternatives — list possible courses of action and weigh their pros and cons against objectives. …

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