STEPS OF PLANNING PROCESS- STEP 5:SELECTING THE BEST ALTERNATIVE

While the earlier steps of planning process are concerned with listing and evaluating alternatives, this step is more about decision making, i.e. selecting the best among the alternatives available. In the previous step alternatives are evaluated, those having maximum positive aspects are listed and the ones with negative points are eliminated. In this step, the managers decide or finalize the one or a combination of plan with which they want to move forward and put in operation.

Read More