Question

Explain the steps taken by the management in the process of Planning​

Answer 1

Explanation:

Stages in the Planning Cycle

Define objectives. The first, and most crucial, step in the planning process is to determine what is to be accomplished during the planning period. ...

Develop premises. ...

Evaluate alternatives. ...

Identify resources. ...

Plan and implement tasks. ...

Determine tracking and evaluation methods.

Answer 2

Establishing Objectives:

Establishing the objectives is the first step in planning. ... Objectives should clearly define as to what is to be achieved by policies, procedures, rules, strategies, budgets and programmes. Plan must make sure that every activity undertaken contributes to the achievement of objectives.

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