4.The government has been doubling down on its efforts to switch to 100% electric vehicles by 2030. Many companies such as Tata Motors, Kinetic Motors, Maruti Suzuki and Hyundai Motors are all readying their EV models for a 2020 launch in order to support the plan. Identify the type of plan being described in the above lines.
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Strategy is the correct answer of this question
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STRATEGY
- The kind of plan described in the given lines is Strategy.
- The government has been doubling down on its efforts to switch to 100% electric vehicles by 2030. Many companies such as Tata Motors, Kinetic Motors, Maruti Suzuki, and Hyundai Motors are all readying their EV models for a 2020 launch to support the plan.
- New and Upcoming Strategies are being formulated and described here.
- A strategy is a kind of long-term plan that is being created by a specific team in a company that helps in the facilitation of further ideas and to create a goal-oriented process for the company to reach and attain the desired, planned, and expected future state you envision or endeavors to be achieved.
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