Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

____________ plan is used for activities that occur regularly over a period of time.

Options:

Single use

Standing

Short term

Strategic

Correct Answer:

Standing

Explanation:

The correct answer is option (2)- Standing.

Standing plan is used for activities that occur regularly over a period of time.

A standing plan is used for activities that occur regularly over a period of time. It is designed to ensure that internal operations of an organisation run smoothly. Such a plan greatly enhances efficiency in routine decision-making. It is usually developed once but is modified from time to time to meet business needs as required. Standing plans include policies, procedures, methods and rules.