What is the first step in the planning process?

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AEstablishment of Planning Premises

BSecuring Co-operation

CEstablishment of objectives

DFormulation of derivative plans

Answer:

The planning process begins with the establishment of objectives. This involves setting clear, precise, and achievable goals for the organization. The other options listed are also steps in the planning process but occur after the objectives have been established.

Related Questions:

Which of the following is a key feature of planning?

Consider the following statements regarding the characteristics of directing as a managerial function: Which of the above statements is/are correct?

Directing is a continuous activity that a manager must perform at all levels of the organization throughout its life.
Directing is the final step in the management process, coming after planning, organizing, and staffing.
Directing is a managerial function that initiates action by issuing orders and instructions to subordinates.

Evaluate the following statements regarding the principles of controlling: Which of the above statements is/are correct?

The Principle of Critical Point Control suggests that a manager should focus on every detail of an activity rather than just the most important areas of a task.
The Principle of Exception states that a manager should be informed of both favorable and unfavorable deviations from the plan to take appropriate action.
The Principle of Control Responsibility requires that control should be delegated to the same level as the authority and responsibility for the task.