Practicing Success
Which of the following is neither single use plan nor standing plan? A. Policy Choose the correct answer from the option given below. |
C and G only B, C and D only B and E only D and G only |
D and G only |
The correct answer is option 4 i.e. D and G only. 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. OTHER OPTIONS ARE SINGLE USE PLAN & STANDING PLAN. * Single use plans include budgets, programmes and projects. * Standing plans include policies, procedures, methods and rules. |