Steps in
Planning:
1.Awareness
of opportunities and problems
a)What
business opportunities will arise in future
b)What
benefits will the organization get
c)How to
exploit these opportunities
2.
Collecting and tantalizing information
3.
Determination of objectives
4.
Assessment of environment
5.
Premising and forecasting
6. Review
of key factors
7.
Development of alternative plans
8.
Evaluation of alternative plans
9. Selection of a suitable plan