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BUSINESS STUDIES PROJECT.pptx

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BUSINESS STUDIES PROJECT.pptx

  1. 1. BUSINESS STUDIES TOPIC: 1)METHODS (Standing plan) 2) BUDGET (Single use plan) 3)PROGRAMME (Single use plan) 4) COMPARISON BETWEEN DIFFERENT PLANS
  2. 2. METHODS (STANDING PLAN) • Method is a prescribed process in which a particular operation or an activity Is performed considering the objective of the organization.. • It deals with a task comprising one step of a procedure and specifies how this step is to be performed. • Method should be stated in clear and precise terms to improve organizational efficiency and to bring orderliness to the work place.
  3. 3. BUDGET (SINGLE USE PLAN) • Budget is the statement of expected result expressed in numerical terms over a specific period of time. • It is a plan which quantifies future facts. For example, a sales budget may forecast the sales of different products in each area for a particular month. • Some important budgets used in an organization are: Sales Budget, Production Budget, Cash Budget, Revenue and Expense Budget, etc
  4. 4. PROGRAMME (SINGLE USE PLAN) • Programme is a detailed statement statement about a project which outlines the objectives, policies, procedures, rules, tasks, human and physical resources required and the budget to implement any course of action. • Programmes will include the entire gamut of activites as well as the organization’s policy and how it will contribute to the overall business plan. • Pragramme can be of different types, like production programme, training programme, sales promotion programme, etc..
  5. 5. DIFFERENCE BETWEEN PLANS
  6. 6. Basis Procedures Methods Meaning Procedures are routine steps to carry out activities in an organization. Methods are prescribed processes in which a particular task or activity is performed as per the objective. Scope They have a wider scope as it lays down the sequence of all the activities to be performed by an organization. They have a comparatively narrower scope as it is confined to one step of the procedure. Flexibility They are more rigid as compared to method. They are more flexible than procedures. Aim Their main purpose is to develop steps for completing a task or activity. Their main purpose is to standardize the way of completing a task or activity
  7. 7. THANKYOU DONEBY: MITANSH SAURABH& SHAAN

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