The ____ is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle frequently recurring events.
A)standing plan
B)budget
C)singleuse plan
D)optionsbased plan
E)forecast

Question

The ____ is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle frequently recurring events.
A)standing plan
B)budget
C)single­use plan
D)options­based plan
E)forecast

Quizplus · Accepted Answer

A standing plan is designed for recurring events or situations, helping managers to deal with them in a consistent and efficient manner. Since they are created once and can be used repeatedly, they save managers time and effort. Budgets are financial plans, single-use plans are for one-time events, options-based plans involve scenario analysis, and forecasts predict future trends.

The ____ Is a Type of Operational Plan That Saves