In which step of the planning process do managers identify the priorities and trade-offs among goals and plans?
A) evaluation of goals and plans
B) selection of goals and plans
C) implementation of goals and plans
D) monitoring of goals and plans
E) generating alternative goals and plans

Question

Quizplus · Accepted Answer

Identifying priorities and trade-offs among goals and plans is a crucial step in the planning process and is typically done during the selection of goals and plans. During this step, managers evaluate the potential goals and plans and determine which ones to pursue based on their importance, feasibility, and potential impact. They also consider any trade-offs that may need to be made, such as sacrificing short-term gains for long-term success or investing in one area at the expense of another.

In Which Step of the Planning Process Do Managers Identify