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Question

Shubham wants to increase the sale of his business by 15% in the next quarter. Identify the type of plan being described in the above lines.


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Solution

(a) Strategy

(b) Objective

(c) Programme

(d) Method

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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