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Rules, policies and procedures, used repeatedly for recurring issues, are:
AStandard prices
BStated prices
CStanding plans
DStandby plans
Answer & Solution
Correct answer: C. Standing plans
1. They are not written afresh each time.
2. They cover issues managers meet again and again.
3. They are standing plans.
_Source: OpenStax Principles of Management, Chapter 17, Organizational Planning and Controlling._
Related questions
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