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The CEO of a large sized multinational company was once giving a lecture. In his lecture he told the top management that they should see the end result in a clear manner - Commerce

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Question

The CEO of a large sized multinational company was once giving a lecture. In his lecture he told the top management that they should see the end result in a clear manner as only then it would become easier for them to work towards the goals.

Which step of planning process do you find indicated in his lecture?

Options

  • Developing premises

  • Identifying alternative courses of action

  • Setting objectives

  • Implementing the plan

MCQ
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Solution

Setting objectives

Explanation:

In the scenario, the CEO emphasizes the importance of “seeing the end result in a clear manner”, which is directly related to the first step of the planning process is Setting Objectives.

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Chapter 8: Planning - QUESTIONS [Page 232]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 8 Planning
QUESTIONS | Q 7. | Page 232
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