Answer :
The stage of the planning process described in the question is the "goal setting stage."
In this stage:
1. The organization's current position is assessed.
2. Clear commitments are made regarding future objectives.
3. The vision for the organization is established.
4. Strengths and weaknesses of the organization are identified.
Goal setting is crucial as it provides direction for the organization and helps align efforts towards achieving specific outcomes. By setting clear goals, organizations can effectively plan and implement strategies to progress towards their desired future state.
Remember, in the planning process, each stage serves a specific purpose, and goal setting is fundamental for laying the foundation of a strategic plan that guides decision-making and actions within the organization.