Which stage of the planning process is Axis Corp. involved in if it is assessing how well alternative plans meet high-priority goals while considering the cost of each initiative and the likely investment return?
A) Implementing goals and plans
B) Selecting goals and plans
C) Analyzing the situation
D) Monitoring and controlling performance
E) Evaluating goals and plans

Question

Quizplus · Accepted Answer

In the third stage of the planning process, managers evaluate the advantages, disadvantages, and potential effects of each alternative goal and plan. They must prioritize the goals and even eliminate some of them. Also, managers consider how well alternative plans meet high-priority goals, considering the cost of each initiative and the likely investment return.

Which Stage of the Planning Process Is Axis Corp