(iv) Planning is Continuous

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10 Questions

What type of plan specifies an organisation's response to a certain situation?

Policies

Which type of plan provides the manner in which a task has to be performed?

Methods

What is the first step in the planning process according to the text?

Setting objectives

Which type of plan describes steps to be followed in particular circumstances?

Procedures

A strategy is generally prepared by which level of management?

Top management

What types of plans are usually not classified as single-use or standing plans?

Strategies

What serves as a guide for overall planning and is usually set by the top management?

Objective

Which type of plan outlines resource allocation, priorities, and considers the business environment?

Strategy

'Rules' specifically state what has to be done in a very clear manner. What aspect do 'Rules' emphasize?

'What' must be done

'Single-use' and 'standing' plans are part of which stage of planning process?

'Operational planning'

Learn about the concept that planning is a continuous process, with new plans being prepared based on evolving requirements and future conditions. Understand how continuity of planning is related to the planning cycle.

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