Question

A firm wants to increase its sales by 25% for the coming year . which type of plan is involved in it ?

Answer 1

Answer:

Objective

Explanation:

Setting up of objectives is the first step of the first managerial function- Planning. It's basically an organisation's aim/goal which it wishes to achieve during a specific time period.

All the activities taking place in the organisation have to be synced with this objective.

Hope this helped:)