Question : 'Planning cannot foresee everything in future, and thus there may be obstacles to effective planning' Identify the limitation of planning.
Option 1: Planning leads to rigidity
Option 2: Planning may not work in dynamic environment
Option 3: Planning does not guarantee success
Option 4: Planning reduces creativity
Correct Answer: Planning may not work in dynamic environment
Solution : Business environment is very dynamic as there are continously changes takeing place in economic, legal and social environment. It becomes very difficult to forecast these future changes. Plans may fail if the changes are very frequent. Hence, option 2 is the correct answer.
Question : 'It is not always true that just because a plan has worked before it will work again,' Identify the related limitation of planning?
Question : Which of the following limitation of planning is highlighted in the below statement? Planning can't forecast everything.
Question : ABC Ltd. is a reputed company. They had devoted a lot of time and money to its plan. Identify the limitation of planning mentioned here.
Question : Which of the following limitation of planning is highlighted in the below statement? Cost may be in terms of time and money.
Question : Which of the following limitation of planning is highlighted in the below statement? To cope up with the circumstances managers need to be given some flexibility.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile