Mr. Raheem, the marketing manager of Orphic company prepared a plan showing the expected expenses of his department for the coming year 2021. This type of plan is an example of: a. Contingent Plan. b. Budget. c. Strategic Plan. d. Standing Plan.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Mr. Raheem, the marketing manager of Orphic
company prepared a plan showing the expected
expenses of his department for the coming year
2021. This type of plan is an example of:
a. Contingent Plan.
b. Budget.
c. Strategic Plan.
d. Standing Plan.
Transcribed Image Text:Mr. Raheem, the marketing manager of Orphic company prepared a plan showing the expected expenses of his department for the coming year 2021. This type of plan is an example of: a. Contingent Plan. b. Budget. c. Strategic Plan. d. Standing Plan.
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