In Which Stage of the Planning Process Would a Gantt

question 26

Multiple Choice

In which stage of the planning process would a Gantt chart be most likely to be used?

• A) Stage 1: Establish realistic goals, objectives and targets
• B) Stage 2: List all activities needed to achieve the goal
• C) Stage 3: Sequence activities in the order in which they should occur
• D) Stage 4: Communicate the plan to those it involves or affects
• E) Stage 5: Implement the plan

---

Definitions:

Business Success

The achievement of financial and operational goals within a business, often measured by profitability, market share, or expansion.

Factors of Production

The resources, including land, labor, capital, and entrepreneurship, utilized in the production of goods and services.

Entrepreneurs

Individuals who start and manage their own business, taking on financial risks in the hope of profit.

Government Intervention

The involvement of a government in a market or economy typically through regulations, policies, or direct actions to influence outcomes like protecting consumers or stimulating economic growth.