(iv) Planning is Continuous
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Questions and Answers

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

  • Procedures
  • Policies (correct)
  • Rules
  • Methods
  • Which type of plan provides the manner in which a task has to be performed?

  • Rules
  • Single-use plans
  • Methods (correct)
  • Procedures
  • What is the first step in the planning process according to the text?

  • Allocating budgets
  • Implementing policies
  • Developing strategies
  • Setting objectives (correct)
  • Which type of plan describes steps to be followed in particular circumstances?

    <p>Procedures</p> Signup and view all the answers

    A strategy is generally prepared by which level of management?

    <p>Top management</p> Signup and view all the answers

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

    <p>Strategies</p> Signup and view all the answers

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

    <p>Objective</p> Signup and view all the answers

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

    <p>Strategy</p> Signup and view all the answers

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

    <p>'What' must be done</p> Signup and view all the answers

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

    <p>'Operational planning'</p> Signup and view all the answers

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