A Business Plan That Is Updated Every Year Depending on the Changes

question 87

True/False

A business plan that is updated every year depending on the changes in an organization and in the external environment that have taken place in the previous year is known as a standing plan.

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Definitions:

General Population

The overall group of individuals in a society, not segregated by any specific criteria.

Childhood Feelings

Refers to the emotions experienced during the early stages of a person's life, encompassing a wide range of emotional states from joy to fear.

Behavioral Change

The process of altering patterns of behavior, often aiming at healthier or more socially acceptable outcomes.

Adaptation

The process by which organisms adjust to new environments or changes in their current environment.