Business Studies, asked by joelasalazar9, 5 months ago

it refers to the number of times or instances a plan may be used?​

Answers

Answered by aravsingh11
3

Answer:

When you decided to attend college, you had a long-term plan in mind. You would spend the next four or five years preparing to become a teacher, a businessperson, or perhaps an ecologist. Or, you may have committed two or three years to become a nurse, a medical technician, or an electrician. Your long-term goal was necessary to make sure that your daily activities would help you achieve your desired outcome. You could have just enrolled in a school and taken classes that looked interesting, but then where would you be in four years? You most likely would not have taken the courses required to qualify you for the job you want. An organization, especially a business, is not so different.

Answered by parthsharma777210c
1

Answer:

Types of Plans and Common Planning Tools

LEARNING OUTCOMES

Differentiate between the uses of long-term plans, short-term plans, and operational plans.

Differentiate between standing plans and single-use plans.

Explain how policies, procedures, and regulations impact operational plans.

Explain the role of budgets in the planning process.

Differentiate between forecasting, scenario planning, and contingency planning.

Explain the use of “management by objectives” (MBO), SMART goals, and benchmarking in planning.

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