Objective, Plan and Strategy Define as,
Objectives are the goals which have some outcome, objective tells the company what to achieve and for doing plan is necessary. Plan is the detail version of objectives with timelines, objectives are divided into multiple activities and further into tasks. Each task has its start and end time when the task is ended milestone is achieved. Strategy is required to do the planned tasks, better the strategy more the chance of success.
Objective – Increase the sales up to 20% in year 2009.
Plan – Activity task and timelines decided for promotions.
Strategy – Expand in the existing market market penetrat