In the ________ stage of the formal planning process, managers should pay careful attention to the cost of any initiative and the investment return that is likely to result.
A)goal and plan evaluation
B)goal and plan selection
C)implementation
D)monitor and control
E)situational analysis

Question

Quizplus · Accepted Answer

In the goal and plan evaluation stage, managers must evaluate different initiatives and select the most feasible one. Therefore, they need to pay attention to the cost and the return on investment before selecting any plan.

In the ________ Stage of the Formal Planning Process, Managers