Question

Q4. Naman is a very intelligent planner. He knows the market pretty well. For last 15 years
he has been leading several successful projects for his company. Company gives him
responsibility to start a new project in S. America. With his experience he makes assumptions
about all the possible future scenarios. Which step of the planning process is the above
paragraph related to?
a. Identifying alternatives
6. Evaluating alternatives
C. Developing premises
d. Selecting alternatives
(1)

Answer 1

identifying alternatives

Answer 2

The correct option is C. Developing premises.

• The said step is the second step in the planning process.
• Since, Naman knows the market very well, this means that he has identified all the requisite information.
• Next, he needs to make an assumption on what is best to start a new project in South America. These assumptions are also referred to as Premises.
• Thus, the second step will involve him to have forecasts, and consider any past information or existing plans.