Question : Which of the following limitation of planning is highlighted in the below statement?
Planning can't forecast everything.
Option 1: Planning leads to rigidity.
Option 2: Planning may not work in a dynamic environment.
Option 3: Planning reduces creativity.
Option 4: Planning involves huge cost.
Answer (1)
25th Jan, 2024
Correct Answer:
Planning may not work in a dynamic environment.
Solution :
The business environment is dynamic in nature. The organisation has to constantly adapt itself to changes. Rigidities involves obstacles to effective planning. It is difficult to make accurate forecast.
Hence Option B is correct.
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