What is the correct sequence of Planning process?

A. Selecting an alternative

B. Identifying & Evaluating alternative courses of action

C. Setting objectives & Developing premises

D. Implementing the plan and Follow up action

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A strategy (comprehensive plan) includes which of the following dimensions?

(A) Determining long term objectives

(B) Determining short term objectives

(C) Adopting a particular course of action

(D) Allocating resources necessary to achieve the objective

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_______ involves setting objectives, developing appropriate courses of action and providing a rational approach to achieve these objectives.

"Planning cannot foresee everything and thus, there may be obstacles to effective planning", is an explanation for:

Which of the following statements are related to limitations of planning?

A. Planning leads to rigidity

B. Planning is futuristic

C. Planning reduces creativity

D. Planning does not guarantee success

E. Planning involves decision making

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"A plan is drawn with specific goals to be achieved within a specific time frame and managers may not be in a position to change it." What does this infer?

Arrange the following steps of planning process in a logical sequence:

(A) The best plan has to be adopted and implemented.

(B) The manager is required to make certain assumptions about the future.

(C) Monitoring the plans is equally important to ensure that objectives are achieved.

(D) Objectives may be set for the entire organisation and each department or units within the organisation.

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