Question : Identify the concept in the following statement The objective of a mobile company is to increase the mobile users by 20% in 1 year.
Option 1: Single use plan
Option 2: Standing plan
Option 3: Objective
Option 4: Strategy
Correct Answer: Objective
Solution : Objectives are the ends which the management seeks to achieve within a given period by its operations. They are usually set by top management and different departments have their own objectives. Hence, option C is correct.
Question : Identify the concept in the following statement - Pepsi and Sprite are competitors in the soft drink market if Pepsi reduces the price of its product then Sprite maintain it's market share.
Question : Which plan are formalted for the short period and involves budget programs and projects?
Option 2: Standing
Option 3: Neither single use nor standing plan
Option 4: Either single use or standing plan.
Question : Which plan is developed once and is modified from time to time to meet needs as required?
Question : Identify the statement given below. It provides a basis for interpreting strategy. They are the guidelines to managerial action.
Option 1: Objective
Option 2: Strategy
Option 3: Policies
Option 4: Single use plan.
Question : Kavya ltd. prepared budget in its Annual general meeting for the year 2016-17. What kind of plan is it?
Option 3: Objective plan
Option 4: None of the above
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