CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Planning3 Marks
Question
Briefly, explain the objectives of an operational plan.
✓
Answer
Following are the objectives of operation plan:
Advance production: For production in advance of operations,
Exact route: Establishing the exact route of each individual item, part of assembly,
Dates: Setting, starting and finishing dates for each important assignment/ work,
Orderly movement of goods: Regulating the orderly movement of goods through the entire manufacturing cycle i.e. right from procurement of all materials to the shipping of finished goods.
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