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Types of plans

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Types of plans

Posted by Saroj Paswan 4 years, 7 months ago

CBSE > Class 12 > Business Studies

1 answers

Yogita Ingle 4 years, 7 months ago

Types of Plans

(i) Objectives Objectives are the ends towards which the activities are directed. They axe the end result of every activity. e.g., increase in sale by 10%.

(ii) Strategy A strategy is a comprehensive plan to achieve the organisational objectives.

(iii) Policies Policies are genera] statements that guide thinking or channelise energies towards a particular direction.

(iv) Procedures Procedures are required steps established in advance to handle future conditions. The procedure can be defined as the exact manner in which an activity has to be accomplished.

(v) Method Methods provide the prescribed ways or manner in which a task has to be performed considering the objective.

(vi) Rule Rules are specific statements that inform what is to be done. They do not allow for any flexibility or discretion.

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CBSE > Class 12 > Business Studies

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This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

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Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
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