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Identify the correct sequence of steps involved in the process of planning.
A. Ideal plan having least negative consequences to be selected
B. Specifying quantitative goals to be achieved by the organization
C. Weighing the pros and cons of each alternative course
D. Forecasting based on assumptions relating to the future
E. Identifying all the alternative courses of action available
B. Specifying quantitative goals to be achieved by the organization
C. Weighing the pros and cons of each alternative course
D. Forecasting based on assumptions relating to the future
E. Identifying all the alternative courses of action available
Choose the correct answer from the options given below:
- a)B, E, D, A, C
- b)E, C, D, B, A
- c)E, B, C, A, D
- d)B, D, E, C, A
Correct answer is option 'D'. Can you explain this answer?
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Most Upvoted Answer
Identify the correct sequence of steps involved in the process of plan...
The correct sequence of steps involved in the process of planning is as follows:
1. Specifying quantitative goals to be achieved by the organization: This is the first step in the planning process. The organization needs to clearly define its goals and objectives in measurable terms. This helps in providing a clear direction for the planning process and sets a benchmark for evaluating the success of the plan.
2. Identifying all the alternative courses of action available: Once the goals are established, the next step is to explore and identify all possible alternative courses of action that can help in achieving those goals. This involves brainstorming and considering various options and strategies that can be pursued.
3. Forecasting based on assumptions relating to the future: After identifying the alternative courses of action, it is important to forecast the potential outcomes and consequences of each option. This involves making assumptions and predictions about future trends, market conditions, resource availability, and other relevant factors that can impact the success of the plan.
4. Weighing the pros and cons of each alternative course: In this step, the advantages and disadvantages of each alternative course of action are evaluated and compared. This analysis helps in understanding the potential risks, costs, benefits, and trade-offs associated with each option. It enables decision-makers to make an informed choice.
5. Ideal plan having least negative consequences to be selected: Based on the evaluation and comparison of the alternative courses of action, the ideal plan that offers the least negative consequences or risks and aligns with the organization's goals is selected. This step involves prioritizing and choosing the most suitable option that maximizes the chances of success.
By following this sequence of steps, organizations can effectively plan their activities, allocate resources, and make informed decisions to achieve their goals. It provides a structured approach to the planning process, ensuring that all relevant factors are considered and evaluated before finalizing the plan.
1. Specifying quantitative goals to be achieved by the organization: This is the first step in the planning process. The organization needs to clearly define its goals and objectives in measurable terms. This helps in providing a clear direction for the planning process and sets a benchmark for evaluating the success of the plan.
2. Identifying all the alternative courses of action available: Once the goals are established, the next step is to explore and identify all possible alternative courses of action that can help in achieving those goals. This involves brainstorming and considering various options and strategies that can be pursued.
3. Forecasting based on assumptions relating to the future: After identifying the alternative courses of action, it is important to forecast the potential outcomes and consequences of each option. This involves making assumptions and predictions about future trends, market conditions, resource availability, and other relevant factors that can impact the success of the plan.
4. Weighing the pros and cons of each alternative course: In this step, the advantages and disadvantages of each alternative course of action are evaluated and compared. This analysis helps in understanding the potential risks, costs, benefits, and trade-offs associated with each option. It enables decision-makers to make an informed choice.
5. Ideal plan having least negative consequences to be selected: Based on the evaluation and comparison of the alternative courses of action, the ideal plan that offers the least negative consequences or risks and aligns with the organization's goals is selected. This step involves prioritizing and choosing the most suitable option that maximizes the chances of success.
By following this sequence of steps, organizations can effectively plan their activities, allocate resources, and make informed decisions to achieve their goals. It provides a structured approach to the planning process, ensuring that all relevant factors are considered and evaluated before finalizing the plan.
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Identify the correct sequence of steps involved in the process of plan...
The correct answer is D: B, D, E, C, A.
The process of planning involves the following sequence of steps:
1. Specifying quantitative goals:
The process of planning involves the following sequence of steps:
1. Specifying quantitative goals:
- The first step in the planning process is to set specific, measurable, and achievable goals for the organization. These goals help guide the overall direction of the plan.
2. Forecasting based on assumptions relating to the future:
- The next step involves making assumptions and predictions about future trends, events, and conditions that could affect the organization's ability to achieve its goals. This helps in formulating a plan that is adaptable to changing circumstances.
3. Identifying alternative courses of action:
- After forecasting the future, it is important to identify and evaluate all the possible alternative courses of action that can be taken to achieve the goals. This step ensures a comprehensive list of options is considered before making a decision.
4. Weighing the pros and cons of each alternative course:
- Once the alternative courses of action have been identified, the next step is to weigh the pros and cons of each option. This involves assessing the risks, challenges, benefits, and potential consequences of each alternative course of action.
5. Selecting the ideal plan with the least negative consequences:
- Based on the evaluation of the pros and cons, the final step is to select the best course of action that has the least negative consequences and offers the greatest chance of success in achieving the goals. This chosen plan is then implemented and monitored to ensure its effectiveness.
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Identify the correct sequence of steps involved in the process of planning.A. Ideal plan having least negative consequences to be selectedB. Specifying quantitative goals to be achieved by the organizationC. Weighing the pros and cons of each alternative courseD. Forecasting based on assumptions relating to the futureE. Identifying all the alternative courses of action availableChoose the correct answer from the options given below:a)B, E, D, A, Cb)E, C, D, B, Ac)E, B, C, A, Dd)B, D, E, C, ACorrect answer is option 'D'. Can you explain this answer?
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Identify the correct sequence of steps involved in the process of planning.A. Ideal plan having least negative consequences to be selectedB. Specifying quantitative goals to be achieved by the organizationC. Weighing the pros and cons of each alternative courseD. Forecasting based on assumptions relating to the futureE. Identifying all the alternative courses of action availableChoose the correct answer from the options given below:a)B, E, D, A, Cb)E, C, D, B, Ac)E, B, C, A, Dd)B, D, E, C, ACorrect answer is option 'D'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Identify the correct sequence of steps involved in the process of planning.A. Ideal plan having least negative consequences to be selectedB. Specifying quantitative goals to be achieved by the organizationC. Weighing the pros and cons of each alternative courseD. Forecasting based on assumptions relating to the futureE. Identifying all the alternative courses of action availableChoose the correct answer from the options given below:a)B, E, D, A, Cb)E, C, D, B, Ac)E, B, C, A, Dd)B, D, E, C, ACorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify the correct sequence of steps involved in the process of planning.A. Ideal plan having least negative consequences to be selectedB. Specifying quantitative goals to be achieved by the organizationC. Weighing the pros and cons of each alternative courseD. Forecasting based on assumptions relating to the futureE. Identifying all the alternative courses of action availableChoose the correct answer from the options given below:a)B, E, D, A, Cb)E, C, D, B, Ac)E, B, C, A, Dd)B, D, E, C, ACorrect answer is option 'D'. Can you explain this answer?.
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