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.
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.
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? Plans formulated by top level managers need to be followed strictly.
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.
Question : 'Planning cannot foresee everything in future, and thus there may be obstacles to effective planning' Identify the limitation of planning.
Question : 'It is not always true that just because a plan has worked before it will work again,' Identify the related limitation of planning?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile