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Question
Which of the following is true with respect to the step 'developing premises' under the planning process:
Options
Base material for assumptions can be in the form of forecasts, existing plans or any past information about policies.
Only a few managers are required to be familiar with and use the same assumptions.
Assumptions need not necessarily be same for all.
All the above
MCQ
Solution
Assumptions need not necessarily be same for all.
Explanation -
Forecasts, existing plans, or any previous policy information might be used as base material for assumptions.
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