Question

Planning is an activity. There are certain logical steps for every manager to follow'. Explain them.
Explain briefly....​

Answer 1

Answer:

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Answer 2

Answer:

steps for planning :->

1. setting up objective :-> the first and foremost step of planning starts with setting objectives of the firm

2. developing premises :-> planning is done keeping future in mind hence various assumptions should be made by manager this is called developing premises

3. identifying the alternative course of action :-> after that collect all the alternative/ways available to carry out the operation

4. evaluation of alternative :-> each and every alternative is measured with their positive and negative sides

5. selection :-> the main step for decision making, the alternative whose positive side weighs more is selected for further operation

6. implementation of plan :-> this is the step where plan is put into an action

7. follow up action :-> to observe that plan is going as per schedule or not