Which of the Following Steps in the Basic Planning Process

question 123

Multiple Choice

Which of the following steps in the basic planning process do the managers of Climber Inc. perform by deciding to reduce prices?

• A)Situational analysis
• B)Alternative goals and plans
• C)Goal and plan selection
• D)Monitor and control
• E)Implementation

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Definitions:

Online Retailer

A business that sells goods or services over the internet directly to consumers.

Bricks And Mortar

Traditional physical retail stores, as opposed to online or virtual stores.

Physical Products

Tangible items or goods that are manufactured, sold, and used in commerce, as opposed to digital or virtual products.

Online Sales

Transactions that occur on the internet where buyers purchase goods or services from sellers over digital platforms.