Read the passage carefully and answer the following question.

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.

"The production team outlined daily and weekly targets for manufacturing solar panels, ensuring quality control and timely delivery".

Identify the type of plan highlighted in these lines.

Objective

The correct answer is Option (2) → Objective.

Objective is highlighted in the given lines.

The production team outlined daily and weekly targets for manufacturing solar panels, ensuring quality control and timely delivery is an Objective. In this case, daily and weekly targets for production represent concrete, time-bound goals — which fits the definition of objectives. They guide operations and ensure that everyone is working toward the larger strategic goal.

Objectives - Objectives 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.