Question

7. Saurabh decided to start a chocolate manufacturing businesss. He set the target of eaming 20% profit
on sales in the first year. As a good businessman he concerned about the future of the business which
was uncertain Me gathered information that the demand for chocolates in increding day-by-day He
used this information as the base for future planning and shared with his team On the basis of the
gathered information, he scheduled a meeting in the following week to find the innovative ways to
achieve the objectives. Which of the following have been related to the process of one of the function of
management
(C) Both (A) and (B)
(A) Developing premises
(B) Setting objectives
(0) None of the above

Answer 1

Answer:

(C) both( a) and( b ) as he leads towards developing premises for increasing demand of commodity and also setting objectives for profit and for the future goals for his business