List and briefly explain the five major steps involved in the planning process.
Answer
1. Setting objectives, 2. Developing premises, 3. Formulating courses of action, 4. Choosing the best alternative, 5. Implementing and reviewing the plan.
Step-by-step solution
- State the first step: set clear, measurable objectives because planning starts with a goal.
- Mention the second step: develop premises (assumptions about the future) to base decisions on realistic expectations.
- Explain the third step: formulate possible courses of action, i.e., generate alternatives to achieve the objectives.
- Describe the fourth step: choose the best alternative after evaluating pros and cons of each option.
- State the fifth step: implement the chosen plan and periodically review it to ensure objectives are being met.
Common mistake: Skipping the review step after implementation.
Concept tested: Steps of planning
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