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Question
Development of a new product is a ___________.
Options
strategy
policy
procedure
programme
MCQ
Fill in the Blanks
Solution
Development of a new product is a programme.
Explanation:
Programmes are a combination of goals, policies, procedures, rules. These are made to get a systematic working in the organisation. e.g. development of the new product, construction of shopping mall, etc.
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Types of Plans
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