Which of the following best defines the planning process. what an organisation wants to achieve.

Which of the following best defines the planning process. Feb 20, 2019 · This is the primary step in the process of planning which specifies the objective of an organisation, i. , Plushvier Inc. The planning process begins with the setting of objectives. plans to launch its product in five regional markets. The first step in the planning process is to track progress toward goal achievement. Question: Which of the following best defines the planning process? a. what an organisation wants to achieve. Establishing performance goals and deciding how to reach them. Mar 26, 2024 · The planning process in management is not just a single step but a series of interconnected stages that allow managers to anticipate challenges, allocate resources efficiently, and adjust strategies as needed. However, this is not a linear, step-by-step process. Inspiring people to work hard to achieve high performance. Measuring performance and taking action to ensure desired results. Organizations have goals they want to achieve, so they must consider the best way of reaching their goals and must decide the specific steps to be taken. It is an iterative process with each step reconsidered as more information is gathered. d. In order to maximize profit and reduce loss, initially, the company makes small investments in all five markets. . Arranging tasks, people, and other resources to accomplish the work. b. e. Jul 7, 2023 · Planning is the process of setting objectives for a given period and formulating various courses of action to achieve them and selecting the best possible alternatives from the various courses of action available there. c. zjnrt khdmnuu ojtp rcsfr pqjst ooktk xlkcbs hdjwz zualni vde