Business Studies

Planning

Easy

________ is usually developed once but is modified from time to time to meet business needs as required.

Single use plan

Standing plan

Corrective action

Short range plan

✅ Correct Option: 2

A standing plan is used for activities that occur regularly; it is developed once and modified from time to time to meet business needs, e.g., policies, procedures, rules and methods. A single use plan is made for one-time events and is not reused. Hence option 2.

2026: 11 May Shift 2

Arrange the following steps in planning process in the correct order:

A. Developing premises

B. Setting objectives

C. Selecting an alternative

D. Evaluating alternative courses

Choose the correct answer from the options given below:

2026: 31 May Shift 1

Which of the following is not considered as a standing plan?

2025: 30 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Objective	(I) The first step in planning.
(B) Policy	(II) It provides a basis for interpreting strategy.
(C) Rule	(III) It includes the entire gamut of activities as well as the organisation’s policy.
(D) Programme	(IV) A specific statement that informs what is to be done.

Choose the correct answer from the options given below:

2025: 30 May Shift 1

_______ seeks to bridge the gap between where we are and where we want to go.

2025: 30 May Shift 2

Identify the type of plan not highlighted in the case.

2026: 11 May Shift 2

"A plan is drawn with specific goals to be achieved within a specific time frame and managers may not be in a position to change it." What does this infer?

________ is usually developed once but is modified from time to time to meet business needs as required.

Solution

Related questions:

Keyboard Shortcuts

CUET Business Studies Past Year Questions (Topic-Wise)