Business Studies class 12 Notes on What are the types of plans ? takshilalearning.com/what-are-the-types-of-plans/ June 18, 2018
Business studies class 12 notes on What are the types of plans ? In this article, we cover Business Studies Class 12 notes on the types of plans based on CBSE Business Studies Class 12 that is easy to understand and help you to score extraordinary marks in your Business Studies Class 12 examinations.
Plan To achieve the specific results, a particular course of action is prepared to meet the commitments. The plan is a document that is outlined to meet the objective. The number of plans is prepared for different organizational goals. Various derivative plans are made which are all bound together under the single plan. For example- To start a new factory, you need to prepare the different plan for the different task.
Plans are classified into two categories Standing Plan/ Repeat use plans These plans are made for long-term use. These plans are made for the actions that are recurring in nature. It is a kind of guideline of actions that need to be followed from time to time. These plans include objective, policies, procedures, methods, strategies, and rules. The plans are used over and over again and can be altered with organizational need. For example- business plan 1/6