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PLANNING — OCM STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceOCMPLANNING3 Marks
Question
State the steps for planning process.
✓

Answer

The planning process consists of following steps:
  1. Determination of objectives
  2. Clarifying planning premises
  3. Collection and analysis of information
  4. Preparation of alternative plan
  5. Evaluation of alternatives
  6. Selection of the best alternative
  7. Formulation and evaluation of subsidiary plan
  8. Evaluation of plan

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