Question

0.8 Marta Auto Ltd. is manufacturing different types of commercial vehicles. Their sales were rupees two hundred
crores in the previous year. The company decided to increase sales by 20% during the current year. It conducted
internal as well as external audits for the same. Through internal audit, they analysed the strengths and weaknesses
of the business across all departments. External audit focused on the opportunities and the threats in the
constantly changing business environment. Thus, a comprehensive plan was prepared taking into consideration
the business environment and the necessary resources were allocated to achieve the target. The company directed
its offices throughout the country to follow the plan. The company's commitment to develop effective plans to
achieve a consistent increase in sales has ensured its continual growth over the past one decade.
Identify and explain the two types of plans discussed above.
(5 marks​

Answer 1

Answer:

Marta Auto Ltd. is manufacturing different types of commercial vehicles. Their sales were rupees two hundred

crores in the previous year. The company decided to increase sales by 20% during the current year. It conducted

internal as well as external audits for the same. Through internal audit, they analysed the strengths and weaknesses

of the business across all departments. External audit focused on the opportunities and the threats in the

constantly changing business environment. Thus, a comprehensive plan was prepared taking into consideration

the business environment and the necessary resources were allocated to achieve the target. The company directed

its offices throughout the country to follow the plan. The company's commitment to develop effective plans to

achieve a consistent increase in sales has ensured its continual growth over the past one decade.

Explanation:

Answer 2

Answer:

The Answer is OBJECTIVE and STRATEGY