Question : Which of the following is not a benefit of planning?
Option 1: Planning reduces overlapping and wasteful activities
Option 2: Planning provide direction
Option 3: Planning reduces creativity
Option 4: Planning reduces the risk of uncertainty
Correct Answer: Planning reduces creativity
Solution : With the planning, the organization's managers begin to work rigidly and become the plan's only blind follower. The manager takes no initiative to make changes to the plan in response to changes in the business environment. In the above case, Planning reduce creativity is the limitation of planning. Hence, option 3 is the correct answer.
Question : Department and individuals in the organisation are able to work in co-ordination. Which importance of planning is highlighted in the above statement?
Question : Changes and events cannot be eliminated but they can be anticipated and managerial response to them can be developed which importance of planning is highlighted in the above statement?
Question : 'Planning involves setting targets and predicting future conditions, thus helping in making a choice.' Which importance of planning is highlighted in the above statement?
Question : Which of the following is not an importance of planning?
Question : Which of the following limitation of planning is highlighted in the below statement? Planning can't forecast everything.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile