Which One of the Following Alternatives Lists the Planning Steps

question 48

Multiple Choice

Which one of the following alternatives lists the planning steps in proper order?

• A) Define objectives; develop planning premises; determine current standing relative to objectives; identify and choose among alternatives; implement the plan and evaluate results.
• B) Define objectives; determine current standing relative to objectives; evaluate current accomplishments; identify and choose among alternatives; implement the plan and evaluate results.
• C) Define objectives; determine current standing relative to objectives; develop planning premises; analyse possible action alternatives and choose among them; implement the plan and evaluate results.
• D) Develop planning premises; define objectives; determine current standing relative to objectives; identify and choose among alternatives; implement the plan and evaluate results.
• E) Determine current standing relative to objectives; define objectives; develop planning premises; identify and choose among alternatives; implement the plan and evaluate results.

---

Definitions:

Crowding-Out Effect

A situation where increased government spending leads to a reduction in private sector spending, either because it raises interest rates or because it uses up available financial resources.

Keynesians

Keynesians are economists or followers of the economic theories of John Maynard Keynes, who advocate for active government intervention to manage economic cycles.

Crowding-Out

An economic theory that suggests increased government spending reduces or "crowds out" private sector spending and investment.

Fiscal Policies

Government policies related to taxation and spending that are used to influence the economy, manage inflation, and stimulate or slow down economic growth.