Final answer:
Single use/Ad Hoc plans in business are designed for specific situations or events and are not meant to be used repeatedly or on an ongoing basis.
Step-by-step explanation:
Single use/Ad Hoc plans in business refer to plans that are designed for specific situations or events and are not meant to be used repeatedly or on an ongoing basis.
These plans are created to address a specific need or problem, such as a sudden change in market conditions, an unexpected event, or a short-term objective. They are often formulated quickly and may not follow the usual strategic planning process.
For example, in a business, an ad hoc plan may be created to respond to a competitor's aggressive pricing strategy. The plan would outline specific actions to counter the competition's move and regain market share.