Differentiate between standing and single use plans.
Difference between standing and single use plans
BasisStanding plansSingle use plansPeriodThey are formed for aThey are formed for along period.short period anddiscarded when theassignment/project is over.ScopeThey have a wideThey have a narrowscope as they involvescope and they arethe whole organisationformulated for ain its scope.specific project/assignment/situation.FrequencyThese are repetitiveThey are one time plan.of usein nature.not used for recurringsituation.ExamplesPolicies, procedures,Objectives, budgets,methods, etcetc.