What are the steps in process of planning?

Answer

Answer-

1. We have to analyse exterior business environment.

2.We have to analyse interior business environment.

3.Determining the mission as to why the business exists.

4.Determining the objectives in operational areas,departmental and various sections.

5.Forecasting by proving into the future based on past data and relevant tools and techniques.

6.Determining of different course of action.

7.Evaluation of all the courses of actions.

8.Selection of best alternatives.

9.Establishment of sequence of action plan

10.Formulation of implementation of the final plan .

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