Arrange the following core stages of the Organizational Planning Process in their correct chronological sequence:
A. Establishing goals and objectives to be achieved
B. Establishing planning premises (environmental assumptions)
C. Deciding the planning period
D. Identifying alternative courses of action E. Selecting the best course of action Choose the correct sequence from the options below:

Sequential Steps in the Organizational Planning Process: Establishing Goals to be Achieved (A): The planning process begins by specifying organizational goals and objectives, which set the overall target for all managerial efforts. Establishing Planning Premises (B): Management identifies assumptions about the future environment (economic conditions, regulatory changes, market trends) in which the plan will operate. Deciding the Planning Period (C): The duration/timeframe (short-term, medium-term, or long-term) for which the plans will be formulated is established. Finding Alternative Courses of Action (D): Search for and identify various operational pathways and strategies to accomplish the defined goals. Selecting a Course of Action (E): After evaluating the identified options, the optimum alternative is selected for official execution. Thus, the correct sequential order is A → B → C → D → E.