Zicon Ltd. has recently set a target of becoming market leader in sale of smart TV. Arrange the steps in the process of planning which will follow after setting of targets :
A. Identifying alternative courses of action
B. Implementing the plan
C. Evaluating alternative courses
D. Selecting an alternative
E. Developing premises
Choose the correct answer from the options given below :
Zicon Ltd. has recently set a target of becoming market leader in sale of smart TV. Arrange the steps in the process of planning which will follow after setting of targets :
A. Identifying alternative courses of action
B. Implementing the plan
C. Evaluating alternative courses
D. Selecting an alternative
E. Developing premises
Choose the correct answer from the options given below :
Solution
After setting objectives/targets, the planning process follows: Developing premises (E) to forecast assumptions, Identifying alternative courses of action (A), Evaluating alternative courses (C) by weighing pros and cons, Selecting an alternative (D), and finally Implementing the plan (B). The correct order is E, A, C, D, B.