Answer» Basis of
Difference | Basis of
Difference | Standing Plans | | 1. Meaning | A single-use plan in a
business refers to plans
developed for a one-time
project or event that has one
specific objective. | A standing plan in a business
refers to plans developed for
using over and over again
because they focus on
organisational situations that
occur repeatedly. | | 2. Objective | Single use plan is developed
to carry out a course of action
that is not likely to be
repeated in future time. | Standing plan however is
developed for activities that
occur regularly over a period
of time. | | 3. Scope | Single use plans generally
encompass a narrow scope
targeting a specific project or
event. | Standing plans generally
encompass a wider scope
involving more than one
department or business
function. | | 4. Stability | Single use plans are
discarded when the situation,
project or event is over. | Standing plans are relatively
stable and used over and over
again with necessary
modification or updations. | | 5. Example | Budget for Annual General
Meeting of shareholders. | Recruitment and selection
procedure for a particular post
in the company. |
SINGLE USE PLAN: A single use plan is developed for a one time event or project. Such a course of action is not likely to be repeated in the future. These plans include budgets, programmes and projects. STANDING PLAN: A standing plan is used for activities that occur regularly over a period of time. It is designed to ensure internal operations of an organisation run smoothly. Standing plans include policies, procedures, methods and rules.
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