CBSE Class 12 Business Studies 2019 Delhi set 1

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Question : 6
Total: 40
Varsha Jain after completing her fashion designing course from Indian Institute of Fashion Technology planned to enter into designer clothing venture. She had to address issues like her target customers, channel of distribution to be used, pricing policy etc. Identify the type of plan that Varsha Jain needs to develop to provide direction and scope to her organisation in the long run.
Solution:  
The plant that Varsha Jain needs to develop to provide direction and scope to her organisation in long run is called as 'strategy'.
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