Multiple choice

Target

Directions: Some words in the news item below have been highlighted. Select the best contextual meaning of the related words.

The prolonged recession in the automotive market is threatening to have a long-term implication on the automotive industry’s ambitious target of achieving a turnover of \$145 billion by 2016 under the Automotive Mission Plan.
Revising its sales target for FY-13 downwards to 1-3% from 9-11% earlier, the automotive industry body Society of Automobile Manufacturers Association (SIAM) on Wednesday said, that the target of \$145 billion may be missed by 20-25% at the current growth rate levels. “if this current trend continues, then we will miss the AMP target of accomplishing an annual turnover of USD 145 billion from auto and auto-component manufacturers by 2016,” said SIAM president S Sandilya.

  1. Goal

  2. Estimate

  3. Prediction

  4. Intention

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A Correct answer
Explanation

In business and goal-setting contexts, a target is an objective or goal to be achieved. The passage refers to the turnover goal. 'Goal' is the best synonym here. An 'estimate' is a rough calculation, a 'prediction' forecasts future events, and 'intention' is more abstract.

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