Commerce Exam > Commerce Questions > A good plan is A) expensive B) Time consuming...
Start Learning for Free
A good plan is A) expensive B) Time consuming C) Flexible D) Rigid?
Most Upvoted Answer
A good plan is A) expensive B) Time consuming C) Flexible D) Rigid?
The Importance of a Good Plan in Commerce
What is a Good Plan?
The Characteristics of a Good Plan
Answering the Question
Conclusion
A good plan is a crucial component of success in commerce. It helps individuals, entrepreneurs, and organizations to navigate through the complexities of the business world. However, there are different types of plans, and each plan has its unique characteristics. Therefore, before answering the question, it is vital to understand what a good plan entails.
What is a Good Plan?
A good plan is a well-defined, comprehensive, and realistic document that outlines a course of action that sets an organization or individual on a path to achieve their goals. It should be flexible, adaptable, and easy to implement. A good plan should consider factors such as available resources, market conditions, and competition, among others.
The Characteristics of a Good Plan
Here are some essential characteristics of a good plan:
- Flexibility: A good plan should be adaptable to change and be able to accommodate unforeseen circumstances.
- Comprehensiveness: A good plan should cover all aspects of the organization and provide a clear and concise roadmap for achieving its objectives.
- Realistic: A good plan should be achievable and attainable with the available resources.
- Measurable: A good plan should have specific and quantifiable goals that can be tracked and evaluated.
- Timely: A good plan should have a clear timeline for implementation and execution.
Answering the Question
A good plan is flexible, not rigid. It should allow for changes and modifications when necessary. It is not necessarily expensive or time-consuming to create a good plan. A good plan can be simple and straightforward, as long as it meets the essential characteristics mentioned above. Therefore, the correct answer to the question is C) Flexible.
Conclusion
A good plan is a vital tool for success in commerce. It should be well-defined, comprehensive, realistic, measurable, timely, and flexible. A good plan does not have to be expensive or time-consuming to create. Instead, it should be adaptable to change and provide a clear roadmap for achieving organizational goals.
Community Answer
A good plan is A) expensive B) Time consuming C) Flexible D) Rigid?
C
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
|
Explore Courses for Commerce exam
|
|
Similar Commerce Doubts
Top Courses for CommerceView all
A good plan is A) expensive B) Time consuming C) Flexible D) Rigid?
Question Description
A good plan is A) expensive B) Time consuming C) Flexible D) Rigid? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A good plan is A) expensive B) Time consuming C) Flexible D) Rigid? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A good plan is A) expensive B) Time consuming C) Flexible D) Rigid?.
A good plan is A) expensive B) Time consuming C) Flexible D) Rigid? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A good plan is A) expensive B) Time consuming C) Flexible D) Rigid? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A good plan is A) expensive B) Time consuming C) Flexible D) Rigid?.
Solutions for A good plan is A) expensive B) Time consuming C) Flexible D) Rigid? in English & in Hindi are available as part of our courses for Commerce.
Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of A good plan is A) expensive B) Time consuming C) Flexible D) Rigid? defined & explained in the simplest way possible. Besides giving the explanation of
A good plan is A) expensive B) Time consuming C) Flexible D) Rigid?, a detailed solution for A good plan is A) expensive B) Time consuming C) Flexible D) Rigid? has been provided alongside types of A good plan is A) expensive B) Time consuming C) Flexible D) Rigid? theory, EduRev gives you an
ample number of questions to practice A good plan is A) expensive B) Time consuming C) Flexible D) Rigid? tests, examples and also practice Commerce tests.
|
|
Explore Courses for Commerce exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup