Two years ago, Mirha completed her degree in food technology. She worked for sometime in a company that manufactured chutneys and pickles. She was not happy in the company and decided to have her own organic food processing unit for the same. She set the objectives and the targets and formulated an action plan to achieve the same. One of her objectives was to earn 20% profit on the amount invested in the first year. It was decided that raw materials like fruits, vegetables, spices, etc. will be purchased on three months credit from farmers cultivating only organic crops. She also decided to follow the steps required for marketing of the products through her own outlets. She appointed Ahmer as the Production Manager who decided the exact manner in which the production activities were to be carried out. Mohan also prepared a statement showing the number of workers that will be required in the factory throughout the year. Mirha informed Ahmer about her area wise sales target for different products for the forthcoming quarter. While working on the production table, a penalty of 100 per day for not wearing caps, gloves and apron were announced. Quoting lines from the above paragraph identify and explain the different types of plans discussed.

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Two years ago, Mirha completed her degree in food technology. She worked for sometime
in a company that manufactured chutneys and pickles. She was not happy in the company and
decided to have her own organic food processing unit for the same. She set the objectives and
the targets and formulated an action plan to achieve the same.
One of her objectives was to earn 20% profit on the amount invested in the first year. It was
decided that raw materials like fruits, vegetables, spices, etc. will be purchased on three
months credit from farmers cultivating only organic crops. She also decided to follow the steps
required for marketing of the products through her own outlets. She appointed Ahmer as the
Production Manager who decided the exact manner in which the production activities were to
be carried out. Mohan also prepared a statement showing the number of workers that will be
required in the factory throughout the year. Mirha informed Ahmer about her area wise sales
target for different products for the forthcoming quarter. While working on the production
table, a penalty of 100 per day for not wearing caps, gloves and apron were announced.


Quoting lines from the above paragraph identify and explain the different types of plans
discussed.

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