Question : Which one of the following is a single use plan?
Option 1: Strategy
Option 2: Rule
Option 3: Budget
Option 4: Method
Correct Answer: Budget
Solution : Only budget is the single use plan in the above question remaining are standing plan. Budget is the statement of expected result expressed in numerical terms. In budget, the results are always measurable and most of the time, these are financial in nature but it does not mean that company prepares only financial budget. Hence, option 3 is the correct answer.
Question : Name the type of plan in which the move of competitors is considered?
Option 1: Budget
Option 3: Strategy
Question : Which plan are formalted for the short period and involves budget programs and projects?
Option 1: Single use plan
Option 2: Standing
Option 3: Neither single use nor standing plan
Option 4: Either single use or standing plan.
Question : ___________ is the type of plan which is time bound and linked with measurable outcome.
Option 2: Policy
Option 3: Rule
Option 4: Budget
Question : Name the type of plan, which is in the form of general statements and channelises energies towards a particular directions.
Option 3: Policy
Question : Kavya ltd. prepared budget in its Annual general meeting for the year 2016-17. What kind of plan is it?
Option 2: Standing plan
Option 3: Objective plan
Option 4: None of the above
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