Arrange the following steps of planning process in a logical sequence

(A) Making certain assumptions about the future

(B) Selecting the best possible and viable alternative

(C) Waigbing the pror and cons of aach alternative

(D) Monitoring the plan to ensure that objectives are achieved

Choose the correct answer from the options given below:

The correct option is (A), (C), (B), (D).

To understand why this sequence is correct, let us break down the logical steps involved in the managerial planning process:

1. Making certain assumptions about the future (A):
Planning is always forward-looking. Before designing plans or evaluating actions, managers must establish planning premises. These are assumptions or forecasts about future conditions, such as economic policies, consumer demand, or market competition. Hence, making assumptions is the starting point among the given actions.

2. Weighing the pros and cons of each alternative (C):
Once assumptions are established and various alternative courses of action are identified, the next step is to evaluate them. This involves analyzing the feasibility, costs, benefits, risks, and alignment of each alternative with the organization's goals.

3. Selecting the best possible and viable alternative (B):
After weighing the pros and cons of all alternatives, the decision-making step occurs. Managers select the most profitable, feasible, and optimal alternative to implement.

4. Monitoring the plan to ensure that objectives are achieved (D):
After the plan is implemented, it must be monitored continually. This final step of follow-up and monitoring ensures that performance is in line with the objectives and allows for corrective action if deviations occur.

Therefore, the logical sequence of the planning process is (A) → (C) → (B) → (D).