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Explain the following type of plan: Programme - Business Studies

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Question

Explain the following type of plan:

Programme

Explain

Solution

Programs are detailed action plans or activity sequences meant to accomplish particular goals or objectives. They offer a methodical framework for carrying out plans, allocating funds, and tracking progress toward intended results. Programs divide goals into doable tasks, assign roles, establish deadlines, and specify performance indicators to monitor outcomes. They ensure that strategy and execution are in sync by assisting organizations in converting strategic intent into concrete actions. Programs frequently consist of several projects or efforts that are coordinated to achieve a single goal. Project plans, budgets, resource allocations, milestones, and risk management techniques are just a few of the components that they might have. Marketing campaigns, product launches, process improvement initiatives, and organizational development projects are a few examples of programs.

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2023-2024 (February) Delhi Set - 2
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