Question

Explain the first six steps taken by management in the planning process.
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Answer 1

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Answer 2

Explanation:

The main steps that are taken in planning process are as follows:

1. Establishing Objectives: Establishing the objectives is the first step in planning.
2. Determining Planning Premises.
3. Determining Alternative Courses.
4. Evaluating Alternative Courses.
5. Selecting the Best Course.
6. Formulating Derivative Plans.
7. Implementation of Plans.