Question
Differentiate between standing plan and single-use plan.
| Basis for comparison | Standing plan | Single use plan |
| Approach for preparing | It is prepared for long term. | It is prepared for short term. |
| Who prepares? | It is prepared by top level managers. | It is prepared by lower level managers. |
| Objective | To attain primary objectives of the organization. | To attain specific goals or to solve specific problems that the organization face |
| Stability | They are very stable in nature and cannot be changed. | These plans are flexible and can be changed as per the conditions of the organization |
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