Question : 'To evaluate such proposal detailed calculation of earning, earning per share, interest, taxes, dividends are made and decisions taken' Identify the step of planning function of management is highlighted above.
Option 1: Selecting an alternative
Option 2: Setting objective
Option 3: Follow up action
Option 4: Evaluating alternative courses
Correct Answer: Evaluating alternative courses
Solution :
After creating a list of various alternatives and the assumptions that support them, the manager begins evaluating each alternative and noting the positive and negative aspects of each alternative. The evaluation of alternative courses is discussed in the preceding case.
Hence, option 4 is the correct answer.