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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._
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