Question

Kavi works as a Marketing Manager in stationery mart. It deals in various types of stationery items for many schools across the country. When new session starts in schools, Kavi forecasts the sales of different stationery products for each school for every month. All items are represented in numbers so that it becomes easier for him to compare the actual sales with expected sales.

The type of plan discussed above is:

Options

• Strategy

• Policy

• Programme

• Budget

Answer 1

Budget

Explanation:

Budgets are numerical representations of expected and actual sales which help in financial planning and forecasting. Kavi forecasts monthly stationery sales for each school. This corresponds with budgeting, which involves comparing actual and predicted sales.