(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 (C)</p> Signup and view all the answers

A strategy is generally prepared by which level of management?

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

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

<p>Strategies (D)</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 (A)</p> Signup and view all the answers

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

<p>Strategy (B)</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 (C)</p> Signup and view all the answers

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

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

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