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What are standing plans?
Standing plans are plans designed to be used again and again. Examples include policies, procedures, and regulations. Managers don’t have to make unique decisions already addressed by various organizational policies. Standing plans also save time because managers know in advance how to address common situations.
What do you mean by single use plan?
A single-use plan, otherwise known as a specific plan, is used for nonrecurring, one-time situations in business. A single-use plan is meant to solve one particular problem and then be discarded. The single-use plan becomes obsolete after its intended and specific use.
What are the different types of single use plans?
Managers generally use three types of single-use plans: programs, projects, and budgets.
What are the three types of plans?
There are three major types of planning, which include operational, tactical and strategic planning. A fourth type of planning, known as contingency planning, is an alternative course of action, which can be implemented if and when an original plan fails to produce the anticipated result.
Which one of the following is an example of a standing plan?
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.
Which of the following is an example of a single use plan?
A set of activities aimed at achieving a specific goal within a particular budget and time period that is unlikely to be repeated in future. Examples of a single use plan that could be employed by a business might be an advertising campaign for a new product launch or an integration plan for a recent acquisition.
Is policy a single use plan?
For example, objectives, policies, strategies, rules, procedures etc., are standing plans because once formulated, they will be used for a long period and repeatedly. On the other hand, programmes and budgets are single use plans because once these are achieved, these are to be formulated again.
Why are single use plans called specific plans?
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.
Which is not a single use or standing strategy?
Ans: Objectives are a strategy that is not a single or standing plan. Objectives are not a single-use strategy so longer-lasting targets are made and should not be viewed as a single-use. On the other hand, priorities are not a standing strategy, since goals can be changed from time to time in compliance with management changes.
Why are standing plans also called repeated use plans?
Standing plans are also called ‘repeated use’ plans because these provide guidelines for actions to be taken in future. These plans provide unity and uniformity of efforts in meeting repetitive situations arising at various levels of the enterprise. These plans provide ready guidelines for tackling situations of recurring nature.
What are the different types of single use policies?
Four forms of single-use policies are commonly used. These are the: The Standing Plan is one that is meant to be used again and again. The standing plans include goals, policy processes, tactics, guidelines, and strategies. This helps managers to mitigate their workload.