Read the passage carefully and answer the following questions.
Planning at GreenTech Solutions
GreenTech Solutions, a renewable energy startup, wanted to expand its operations into the solar panel market. To achieve this, the management developed a structured planning process using different types of plans.
The company set a five-year goal to become the top solar panel provider in the region. This included a mission to promote sustainable energy and reduce carbon footprints.
To support the strategic goal, the company devised a plan to establish partnerships with suppliers and secure contracts with government and private organizations for solar installations.
The production team outlined daily and weekly targets for manufacturing solar panels, ensuring quality control and timely delivery. The management prepared for potential risks like raw material shortages by securing multiple suppliers and maintaining a reserve inventory.
A detailed budget was created, allocating resources for manufacturing, marketing, and R&D to ensure cost efficiency.
By aligning all types of plans, GreenTech Solutions successfully launched its solar panels, captured a significant market share, and established itself as a leader in the renewable energy sector within three years.
What was the result of the planning process?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Successful market entry and leadership
Option (1) Decline in market share — Incorrect. The passage says the opposite. GreenTech captured a significant market share.
Option (2) Delayed product launch — Incorrect. The launch was a success. The production team also planned for timely delivery.
Option (3) Successful market entry and leadership — Correct. The passage says GreenTech successfully launched its solar panels, captured a large market share and established itself as a leader within three years. This is the result of good planning. Planning focuses on achieving objectives. Planning has meaning only when it helps the firm reach its goals.
Option (4) Loss of partnerships — Incorrect. GreenTech built partnerships with suppliers. The passage does not say it lost any.
NCERT (2026-27 Edition): “Planning focuses on achieving objectives: Organisations are set up with a general purpose in view. Specific goals are set out in the plans along with the activities to be undertaken to achieve the goals. Thus, planning is purposeful. Planning has no meaning unless it contributes to the achievement of predetermined organisational goals.” |