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The managers of Danestump, a hardware manufacturing company, are expected to follow standing plans before approving long leaves applied by their subordinates. The standing plans detail the specific steps to be followed when approving such leaves. Given this information, the standing plans in this scenario can be referred to as _____.
Dividends
Payments made by a corporation to its shareholder members, usually derived from the company's profits.
Effects On Other Parts
The impact that changes or actions in one segment or component have on other segments or components within a system or organization.
Proceeds From Sales
The total amount of money received by a company from selling goods, services, or assets.
Opportunity Costs
The cost of foregoing the next best alternative when making a decision. It represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.
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