“They define the future state of affairs which the organization strives to realize and serve as guide for overall business planning.”
_____________ is the type of plan referred here.
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → Objective
Option (1) Policy — Incorrect. A policy is a general statement that guides thinking in decision-making, such as a recruitment or pricing policy. It does not describe the end result.
Option (2) Objective — Correct. Objectives are the end results that all activities aim at, such as a 10% rise in sales. They are the end point of planning. They describe the future state of affairs the organisation wants to reach, and so they guide all other business planning.
Option (3) Strategy — Incorrect. A strategy is a complete plan for reaching the objectives, fixing the direction of the business and how resources will be used.
Option (4) Programme — Incorrect. A programme is a detailed plan for one project, laying down its objectives, policies, procedures, rules and budget.
NCERT (2026-27 Edition): “Objectives … They are usually set by top management of the organisation and focus on broad, general issues. They define the future state of affairs which the organisation strives to realise. They serve as a guide for overall business planning. …” |