Question : Name the most critical step in the process of planning.
Option 1: Implementing the plan
Option 2: Developing the plan
Option 3: Selecting the best possible course of action
Option 4: None of the above
Correct Answer: Selecting the best possible course of action
Solution : The best alternative is selected but as such there is no mathematical formula to select the best alternative. Selecting the best alternative is most critical step in the planning process, because if wrong plan is selected then whole process will go in wrong direction. Hence, option 3 is the correct answer.
Question : Identify the step of planning process where other managerial functions also come into picture.
Option 2: Follow up action
Option 3: Evaluating the alternative course of action
Question : What is meant by 'follow up action' as the step involved in the process of planning?
Option 1: Managing the plan
Option 2: Checking the plan
Option 3: Selecting the plan
Question : 'To see whether plans are being implemented and activities are being performed according to schedule is a step of planning process. Identify the step'.
Question : This step of planning process is the real point of decision making. Identify the step?
Option 1: Identifying the alternative course of action
Option 2: Evaluating the alternative courses of action
Option 3: Selecting the alternative
Question : The first step in the planning process is:
Option 2: Evaluating the plan
Option 3: Setting objectives
Option 4: Monitoring the plan
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