Question : Based on national common mobility card standards, India's first indigenously developed inter-operable transport card was launched in March 2019 to make travel across various modes convenient. Identify the type of plan being described in the above lines.
Option 1: Strategy
Option 2: Programme
Option 3: Method
Option 4: Rule
Correct Answer: Strategy
Solution : Strategy formulation is the responsibility of top-level executives, and it is essential to scan and comprehend the business environment before developing a strategy. Long-term decisions about the organization's direction and scope are defined by strategy. The common decision in strategy are whether to introduce a new product or not. In the above case, India's first indigenously developed inter-operable transport card was launched in March 2019 to make travel across various modes convenient comes under strategy plan. Hence, option 1 is the correct answer.
Question : India's first indigenously developed payment ecosystem for transport, based on National Common Mobility Card (NCMC) standards, was launched in:
Option 1: March 2017
Option 2: March 2019
Option 3: March 2018
Option 4: March 2016
Question : Sohan is striving to earn a profit of 30% in the current financial year. Identify the type of plan being described in the above lines.
Option 1: Method
Option 2: Objective
Option 3: Strategy
Option 4: Programme
Question : Which one of the following is a single use plan?
Option 2: Rule
Option 3: Budget
Option 4: Method
Question : Ketan enterprises adopts different ways to provide training to employees, like job rotation , coaching, vestibule training, conference, Lecture method and role playing. Identify the type of plan being described in the above line.
Option 2: Strategy
Option 3: Programme
Option 4: Procedure
Question : Name the type of plan in which the move of competitors is considered?
Option 1: Budget
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