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Question
While 'selecting an alternative' under the planning process, which of the following are considered?
Options
Combination of plans may be selected instead of one best course.
Subjectivity and manager's experience or judgment plays a role.
The most feasible, profitable plan with least negative consequences is chosen.
All of the above
MCQ
Solution
All of the above
Explanation -
The best plan is chosen and implemented, as it is the most profitable and has the fewest bad consequences. In such situations, the manager's judgement and expertise are crucial in determining the optimal option.
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