The planning is____step of management.

Correct Answer: (A) First

Explanation of the correct option:
The question asks about the position of planning in the sequence of management functions. Management is a continuous process consisting of interrelated functions such as planning, organising, staffing, directing and controlling. Among these, planning is the first and most important function. It involves setting objectives and deciding in advance the course of action to achieve those objectives. All other management functions are performed within the framework of planning, making it the foundation of the entire management process.

Explanation of incorrect options:
(B) Medium — This is incorrect because planning does not come in the middle of management functions; it is the starting point.

(C) Last — This is incorrect because planning is not the final step. The last step is controlling, not planning.

(D) Optional — This is incorrect because planning is a compulsory and essential function of management, not optional.

Conclusion:
Thus, planning is the first step of management and acts as the foundation for all other managerial functions, making option (A) the correct answer.