A comprehensive plan that sets long-term objectives, adopts a course of action and allocates resources is a:
AStrategy
BProcedure
CSchedule
DReminder
Answer & Solution
Correct answer: A. Strategy
1. It gives the broad contours of the business.
2. It has three dimensions.
3. That is a strategy.
_Source: NCERT Class 12 Business Studies Part I, Chapter 4, Planning._
Related questions
The push for continuous improvement in processes and products came in part from:Plans that are placed on a shelf and never revisited show a failure to value:Effective control systems rest, above all, on good:Planning and controlling are described in effective organisations as being:Controls applied while the work is under way are called:Controls used after the product or service is finished, to examine output, are:Controls used before work begins, to prevent deviation from the plan, are:Which is one of the three types of that once-only plan?