What are standing plans, policies, procedures, and methods in the context of management planning?
Understand the Problem
The question is providing an excerpt about management planning processes, specifically focusing on standing plans, policies, procedures, and methods. It outlines their definitions and relationships within management, emphasizing their role in setting objectives and guiding decision-making.
Answer
Standing plans include policies, procedures, and methods.
Standing plans in management are permanent plans used repeatedly. They include policies (guidelines for decision-making), procedures (steps to perform activities), and methods (detailed ways to perform tasks). These plans ensure consistency and efficiency in achieving business objectives.
Answer for screen readers
Standing plans in management are permanent plans used repeatedly. They include policies (guidelines for decision-making), procedures (steps to perform activities), and methods (detailed ways to perform tasks). These plans ensure consistency and efficiency in achieving business objectives.
More Information
Standing plans provide structure and consistency, helping organizations manage recurring situations effectively and support long-term objectives.
Tips
A common mistake is confusing standing plans with single-use plans. Standing plans are permanent, while single-use plans are for one-time projects.
Sources
- Types of Plans and Common Planning Tools - courses.lumenlearning.com
- Types of Plans | Principles of Management Class Notes - Fiveable - library.fiveable.me
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