Question

Arrange the steps of Planning Process in a proper order:
(A) Implementation of plan and follow-up action
(B) Developing Premises
(C) Identification and evaluation of alternative courses of action
(D) Setting up of objectives
(E) Selecting an alternative
Choose the correct answer from the options given below:

• A. (B), (D), (E), (A), (C)
• B. (B), (C), (E), (D), (A)
• C. (D), (B), (C), (E), (A)
• D. (A), (B), (C), (D), (E)

Hint:

\textbf{OPASI}: Objectives → Premises → Alternatives → Select → Implement. Use this easy-to-remember acronym for an effective and structured approach to planning. Planning ensures goal achievement with careful thought and execution.

Answer 1

The Correct Option is C

To solve the problem of arranging the steps of the Planning Process, we need to understand the logical sequence of planning in business studies. Below, the steps are arranged in the proper order:

1. Setting up of objectives (D): The first step involves establishing clear goals to be achieved. This provides direction for all subsequent planning activities.
2. Developing Premises (B): This step involves making assumptions and forecasts about future conditions that will affect the objectives.
3. Identification and evaluation of alternative courses of action (C): Here, different possible courses of action are considered and evaluated based on their effectiveness and feasibility.
4. Selecting an alternative (E): After evaluating all options, the best course of action is selected that helps achieve the objectives efficiently.
5. Implementation of plan and follow-up action (A): Finally, the selected plan is implemented, and follow-up actions are taken to ensure the objectives are met and adjustments are made if necessary.

The correct order is therefore: (D), (B), (C), (E), (A).