Conducting a preliminary screening of capital investment proposals falls under which stage of the management process?

Question

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Conducting a preliminary screening of capital investment proposals is a part of the planning stage of the management process, where the organization identifies its objectives and plans on how to achieve them. In this stage, the management determines the resources and strategies required to fulfill the goals and evaluates various proposals for their feasibility and alignment with the organization's objectives.

Conducting a Preliminary Screening of Capital Investment Proposals Falls Under