Shubham wants to increase the sale of his business by 15 in the next quarter Identify the type of pl...........

Business Studies (CUET) Planning

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.

Method

Objective

Strategy

Programme

- Shubham's aim to increase sales by 15% in the next quarter is a clear goal.

- Such specific targets are typically classified as objectives.

- Objectives give direction and are measurable, used to evaluate success.

- They are distinct from methods, strategies, and programs, which serve different purposes in planning.

Options Explained:

- Method: Ways or techniques to accomplish a task.

- Objective: A clear, measurable goal or target one aims to achieve.

- Objective: Shubham's aim of growing sales by 15% is an objective.

- Strategy: The overall plan of action to achieve long-term goals.

- Programme: A set of projects or activities designed to achieve a specific outcome.

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