Standard or Repeated-Use Plans and Single Use Plans:



Standing or repeated-use plans are plans which are to be used repeatedly (i.e., over and over again) over a long period of time for tackling frequently recurring problems and issues. They give ready-made answers to issues which occur again and again. Standing plans serve as guideline for managerial decision-making and actions. They make managerial decisions and actions easy and increase managerial efficiency, as they offer standard procedures for tackling similar and frequently recurring problems and issues.


Standing plans includes:

(a)  Objectives

(b)  Policies

(c)  Procedures

(d)  Methods

(e)  Rules

(f)   Strategies


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