In which step of the planning process to managers identify the priorities and trade-offs among goals and plans

Selection of goals and plans

Explanation:

When engaging in a project, the different stages involved can be broadly categorized into four. These include; the selection of goals and plans, the monitoring of these goals and plans, the implementation and evaluation of them.

The selection of the goals and plans is the first stage of the project planning. At this stage, goals as well as problems to be solved are identified. Trade-offs measure the quality of the project, while factoring in time and cost. Having an idea of the final quality would help in making changes possible along the  course of the project.

This stage is then followed by the build up stage where goals are monitored and means to achieve them are initiated. The implementation and evaluation of these goals then follow.

answer; at prices that violate government price regulations;