CBSE 2024 · Region 3 · Set 1 · Q29

‘Leno’ is a reputed car manufacturing company, which is going to complete its $\displaystyle 75$ years in October 2024. The Chief Executive Officer of the company decided to take the company to a higher level. For this he called a meeting of all departmental heads of the company. In the meeting, the Chief Executive Officer proposed a target to increase sales by $\displaystyle 10$% and profits by $\displaystyle 20$% in its Platinum Jubilee year. The Human Resource Manager estimated that an increase of $\displaystyle 0$ workers would be required to achieve the target. The Finance Manager suggested that the company must hold adequate cash balances for various purposes, and he will prepare a statement showing the estimated cash inflows and outflows for this particular period. Identify and explain two types of plans discussed in the above case.