Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

'Earning a reasonable 20% return on investment'.

Identify the type of plan highlighted in above said statement.

Options:

Objective

Strategy

Policy

Procedure

Correct Answer:

Objective

Explanation:

The correct answer is option (1) : Objective

The statement "Earning a reasonable 20% return on investment" represents an:

1. Objective

In this context, it outlines a specific financial goal or target (a 20% return on investment) that an individual or organization aims to achieve. Objectives are typically overarching, high-level goals that guide strategic decision-making and planning.