Frame Corporation updates its five-year plan annually to take into account changing conditions within the organization and in the organization's external environment. Which of the following best explains this plan implemented by Frame Corporation?
A) Standing plan
B) Short-term plan
C) Rolling plan
D) Single-use plan

Question

Quizplus · Accepted Answer

A rolling plan is a plan that is updated and amended every year to take account of changing conditions in the external environment.

Frame Corporation Updates Its Five-Year Plan Annually to Take into Account