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Question

Swatch Ltd. plans to earn a 20% return on its investment in a new project. Identify the type of plan being described in the above lines.


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Solution

(a) Strategy

(b) Programme

(c) Method

(d) Objective

Answer (d) 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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