Match List-I (types of plans) with List-II (their features):
| List-I | List-II | ||
|---|---|---|---|
| (A) | Single-use plan | (I) | Similar to a programme but differs from it in scope and complexity |
| (B) | Standing plan | (II) | Developed for a one-time event and not likely to be repeated in future |
| (C) | Project | (III) | A general plan prepared by top management outlining resource allocation and priorities |
| (D) | Strategy | (IV) | Usually developed once but modified from time to time to meet business needs |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → (A)-(II), (B)-(IV), (C)-(I), (D)-(III)
| List-I | List-II | Reason |
|---|---|---|
| (A) Single-use plan | (II) Developed for a one-time event and not likely to be repeated in future | It serves a non-recurring situation, such as a project or a seminar. |
| (B) Standing plan | (IV) Usually developed once but modified from time to time to meet business needs | It is used for regular activities, so it stays in use and is updated when needed. |
| (C) Project | (I) Similar to a programme but differs from it in scope and complexity | A project and a programme are both single-use plans; they differ in scope and complexity. |
| (D) Strategy | (III) A general plan prepared by top management outlining resource allocation and priorities | A strategy is made by top management and also looks at the environment and competition. |
NCERT (2026-27 Edition): “Single-use Plan: A single-use plan is developed for a one-time event or project. Such a course of action is not likely to be repeated in future, i.e., they are for non-recurring situations. The duration of this plan may depend upon the type of the project. It may span a week or a month. A project may sometimes be of only one day, such as, organising an event or a seminar or conference. These plans include budgets, programmes and projects. They consist of details, including the names of employees who are responsible for doing the work and contributing to the single-use plan. For example, a programme may consist of identifying steps, procedures required for opening a new department to deal with other minor work. Projects are similar to programmes but differ in scope and complexity. A budget is a statement of expenses, revenue and income for a specified period.” “Standing Plan: 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. …” “Types of Plans … There are other types of plans which usually are not classified as single-use or standing plans. A strategy, for example, is part of strategic planning or management. It is a general plan prepared by top management outlining resource allocation, priorities and takes into consideration the business environment and competition. Objectives are usually set by the top management and serve as a guide for overall planning. Each unit then formulates their own objectives keeping in view the overall organisational goals. …” |