IOCL has set itself the goal of achieving net zero operational emissions by a fixed year.
In planning terms, this goal is an example of:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Objective
Option (1) Strategy — Incorrect. A strategy is a comprehensive plan with three parts: long-term objectives, a course of action and the resources needed. A goal on its own is only one part of it.
Option (2) Policy — Incorrect. A policy is a general statement that guides decisions, such as a pricing policy. A target to be reached by a fixed year does not guide day-to-day decisions in this way.
Option (3) Objective — Correct. An objective is the desired future position that the management would like to reach. Net zero emissions by a fixed year is an end result with a time limit, so it is an objective.
Option (4) Programme — Incorrect. A programme is a detailed statement about a project: its objectives, policies, procedures, resources and budget. The goal gives none of these details.
NCERT (2026-27 Edition): “Objectives The first step in planning is setting objectives. Objectives, therefore, can be said to be the desired future position that the management would like to reach. Objectives are very basic to the organisation and they are defined as ends which the management seeks to achieve by its operations. Therefore, an objective simply stated is what you would like to achieve, i.e., the end result of activities. …”
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