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What is a plan? Give an …

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What is a plan? Give an two example of single use plan and standing use plan

    • Posted by Abhishek Sharma 4 years, 4 months ago

    CBSE > Class 12 > Business Studies
    • 1 answers

    Yogita Ingle 4 years, 4 months ago

    Planning is the activity of structuring and scheduling to meet the ultimate goal.

    Single-Use Plan

    These plans are made for handling non-recurring problems. Single-use plans are also known as ‘specific plans’ since their objective is to solve a particular problem. These plans are formulated to handle a non-repetitive and unique problem.

    Such single-use plans cannot be used repeatedly since they become useless after they have achieved their objective. Some examples are budgets, programmes, project reports, etc.

    Examples of standing plans include policies for hiring, employee interaction, procedures for reporting internal issues, or complaints to the HR department, etc. and regulations in terms of what is permitted and what is prohibited in the workplace.

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