BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Operational planning is divided into two types, which are ____
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Budget and project
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Project and rule
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Policy and program
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Single use plan and standing plan
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Explanation:
Detailed explanation-1: -Single-use and Standing Plans-So, the objective of Standing Use Plans are to attain the primary goals of the organization. Whereas the objective of Single-Use Plans is to attain the specific goals or to remove the specific problems of the organization.
Detailed explanation-2: -While a business plan may lay out advertising products to a specific demographic as a strategy and goal, a single-use plan is typically employed to plan and carry out the advertising campaign for each of the specific products. A standing plan governs the actions of employees while they are employed with the company.
Detailed explanation-3: -There are two types of operational plans: single-use plans and ongoing plans.
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