Gujarat BoardEnglish MediumSTD 12 CommerceOCMPLANNING3 Marks
Question
Write a note on standing plan.
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Answer
Standing plan:
When there is repetition of some specific activities in an organization then the organization forms a plan to take care of that activity. Such a plan is called standing plan. These activities could be delivering goods to a customer in case he has crossed his credit limit, developing plan or policy to decide the quantity of a specific good to be produced during the end of sale season, etc.
Standing plans provide guidelines for taking decisions in repetitive situation hence standing plan can be used repeatedly.
Standing plans help the subordinates to take prompt decision.
If the standing plan is framed then employees need not take permission from their superiors for executing the plans in case if situation arise.
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