Question : Manager is required to make certain assumption about the future. Identify the step in planning process.
Option 1: Developing premises
Option 2: Evaluating the alternative courses of action
Option 3: Selecting the alternative
Option 4: Identifying the alternative course of action
Answer (1)
23rd Jan, 2024
Correct Answer: Developing premises
Solution :
Premises refers to making assumption regarding future. Premises are the base on which plans are made. It is a kind of forecase made keeping in view existing plans and any past information about various policies.
Hence, option 1 is the correct answer.
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