In the Context of Operational Plans, Which of the Following

question 37

Multiple Choice

In the context of operational plans, which of the following is a difference between single-use plans and standing plans?

• A) Single-use plans cover unique, one-time-only events, whereas standing plans handle frequently recurring events.
• B) Single-use plans use quantitative planning, whereas standing plans use qualitative planning.
• C) Single-use plans include policies and procedures, whereas standing plans include rules and regulations.
• D) Single-use plans are operational plans, whereas standing plans are tactical plans.

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Definitions:

Consumer Preference

The inclination of consumers to favor certain products, brands, or services over others, influenced by tastes, values, and socio-economic factors.

Capital Inflow

The movement of funds into a country, typically in the form of investments, that can be used for further economic development.

Capital Outflow

The movement of assets out of a country, often in response to economic or political instability, seeking higher returns or safer investment climates elsewhere.

Consumer Preference

The individual tastes and choices of consumers that influence their purchasing decisions, often shaped by factors such as price, quality, convenience, and brand.