Question: Explain and elaborate the formulation of supporting plan below Step 7: Formulation of Supporting Plan After formulating the basic plan, various plan are derived so

Explain and elaborate the formulation of supporting plan below

Step 7: Formulation of Supporting Plan

After formulating the basic plan, various plan are derived so as to support the main plan. In an organisation there can be various derivative plans like planning for buying equipment, buying raw materials, recruiting and training personal, developing new product etc.

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