Read following passage and answer the question.

Star Ltd has recently entered the segment of manufacturing Electronic vehicles (EV) in India. It has set up a target volume of sales as 20% of total EV market. It has formulated a comprehensive plan taking into consideration the increasing levels of environment pollution and the new legal policies related to it. The company has set up broad parameters within which a manager may function. Apart from this, the company has prepared detailed statements about the EV project which outlines the other types of plans along with the human and physical resources required. The Finance Manager of the company has also prepared a plan which quantifies future facts and figure.

.......................is the type of plan discussed in the following statement.

"Apart from this, the company has prepared detailed statements about the EV project which outlines the other types of planes along with the human and physical resources required".

Programme

The correct answer is option 4 i.e. Programme.

In this context, the company has prepared detailed statements about the EV project, outlining various plans related to the project, including plans for human and physical resources. This reflects a programmatic approach to manage and coordinate various aspects of the EV project.

Programmes are detailed statements about a project which outlines the objectives, policies, procedures, rules, tasks, human and physical resources required and the budget to implement any course of action. Programmes will include the entire gamut of activities as well as the organisation’s policy and how it will contribute to the overall business plan. The minutest details are worked out i.e., procedures, rules, budgets, within the broad policy framework.