M: Management
5th Edition
ISBN: 9781259732805
Author: Thomas S Bateman, Scott A Snell, Robert Konopaske
Publisher: McGraw-Hill Education
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Question
Chapter 5, Problem 1LO
Summary Introduction
To discuss: The fundamental steps of planning process.
Expert Solution & Answer
Explanation of Solution
The fundamental steps in planning process includes the following:
- Examine the situation
- Develop alternative plans and goals
- Assess the plans and goals
- Choose the plans and goals
- Execute the plans and goals
- Observes and controls the performance
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