CBSE 2023 · Region 3 · Set 1 · Q34

Diamond Logistics Company had a turnover of $\displaystyle 25$ lakh during < st the year ended March, 2022. In a board meeting held on th April, $\displaystyle 2022$, it was decided to achieve a turnover of $\displaystyle 45$ lakh for the < next year. To accomplish this objective after taking into consideration the business environment, a comprehensive plan was drawn. The Chief Executive Officer (CEO) of the company also released a plan that would not only guide the thinking of the managers and their decision-making but also channelise their energies towards achievement of this target. Identify and explain the three types of plans discussed in the above para.