wiz-icon
MyQuestionIcon
MyQuestionIcon
5
You visited us 5 times! Enjoying our articles? Unlock Full Access!
Question

Differentiate between standing and single use plans.

Open in App
Solution

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.


flag
Suggest Corrections
thumbs-up
23
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Counting Principle
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon