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Explain the following type of plan: Objective - Business Studies

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प्रश्न

Explain the following type of plan:

Objective 

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उत्तर

Goals are the intended results or goals that an organization hopes to achieve in a specific amount of time. These are the guiding concepts that provide the organization's operations focus, direction, and a sense of purpose. Goals direct people and departments toward the intended outcomes by acting as a road map for resource allocation and decision-making. Objectives can be grouped according to a number of factors, including nature, scope, and time frame. Increasing market share, raising customer satisfaction, improving product quality, and maximizing profitability are a few examples of aims. 

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2023-2024 (February) Delhi Set - 2
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