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Question

Deepak is striving to earn a profit of 30% in the current financial year. Identify the type of plan being described in the above lines.


A

Strategy

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B

Objective

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C

Programme

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D

Method

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Solution

The correct option is B

Objective


Answer (b) Objective

Explanation: Objectives are to bring economy or revenue in managerial operations, to provide specific direction, to bring certainty in future events, to attain predetermined goals, to get victory over competitions, and to forecast.


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