Arrange the following steps of the planning process adopted by XYZ Ltd. in the correct sequence.
(A) XYZ Ltd. has decided to increase their sales by 20% in the financial year 2025-26.
(B) After carefully considering the alternatives, they have decided to try selling their products through e-commerce websites.
(C) After registering with the e-commerce websites, the plan will become operational.
(D) XYZ Ltd. has identified three options: increase in price, use of social media influencers for promotion and selling through e-commerce websites.
Choose the correct answer from the options given below:
Arrange the following steps of the planning process adopted by XYZ Ltd. in the correct sequence.
(A) XYZ Ltd. has decided to increase their sales by 20% in the financial year 2025-26.
(B) After carefully considering the alternatives, they have decided to try selling their products through e-commerce websites.
(C) After registering with the e-commerce websites, the plan will become operational.
(D) XYZ Ltd. has identified three options: increase in price, use of social media influencers for promotion and selling through e-commerce websites.
Choose the correct answer from the options given below:
Solution
Option 1 -> (A), (B), (C), (D) - This sequence skips the step of identifying alternatives before selecting one, making it illogical.
Option 2 -> (A), (D), (B), (C) - This follows the correct planning sequence: setting objectives, identifying alternatives, selecting the best alternative, and implementation.
Option 3 -> (B), (A), (D), (C) - This incorrectly starts with selecting an alternative before setting objectives or identifying options.
Option 4 -> (C), (B), (D), (A) - This illogically begins with implementation before any planning steps are taken.
Hence, Option 2: (A), (D), (B), (C) -> This represents the correct planning process: First, XYZ Ltd. sets the objective (20% sales increase), then identifies three alternative strategies, evaluates and selects the best option (e-commerce), and finally implements the plan through registration -> correct
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