This document discusses different types of business plans including methods, budgets, and programs. It provides details about each plan: Methods are prescribed processes for performing tasks considering an organization's objectives. Budgets quantify expected results like sales over a period of time. Programs outline objectives, policies, procedures, resources, and budgets for implementing actions. The document also compares methods and procedures, noting that procedures lay out all activity sequences while methods standardize single task completion. Methods are more flexible than procedures which are more rigid.

1. BUSINESS STUDIES
TOPIC: 1)METHODS (Standing plan)
2) BUDGET (Single use plan)
3)PROGRAMME (Single use plan)
4) COMPARISON BETWEEN DIFFERENT PLANS

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. 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. 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. DIFFERENCE BETWEEN
PLANS

7. 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

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DONEBY:
MITANSH
SAURABH&
SHAAN