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प्रश्न
Explain the following limitations of planning:
- Planning reduces creativity.
- Planning involves huge costs.
Explain the following limitation of planning function of management:
Planning reduces creativity.
Explain the following limitation of planning function of management:
Planning involves huge costs.
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उत्तर
The limitations of the planning function of management are as follows:
- Planning reduces creativity: The top management and other members are primarily responsible for planning. These strategies must be followed by middle and lower-level management. They are not permitted to diverge from or amend the plans made by their seniors. Employees become order-following machines in such situations and do not engage in creative thinking. Such rigidity in adhering to predetermined plans destroys the creativity of some gifted individuals.
Example: A unit of a well-known shoe manufacturer sees significant potential in custom shoes. Because the company creates uniform shoes, the senior management is uninterested in this concept. - Planning involves huge costs: Plan formulation may be too costly due to the time and money involved. Some costs are incidental, such as those incurred at board meetings, discussions with professional experts, and preliminary research to determine the feasibility of the plan. It may take a long time to check the veracity of data and scientific computations. Sometimes the costs incurred do not justify the advantages gained from the plans; this can be detrimental to the organization.
Example: IBM, for such as invests heavily in research. Many world-class levels provide guidance to this company for a fee. However, such a large organization cannot survive without such meticulous efforts. So, in the case of IBM, planning is required.
Notes
Students should refer to the answer according to their questions.
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संबंधित प्रश्न
State any three limitations of planning.
Planning Reduces Creativity. Critically Comment.(Hint: Both the Points - Planning Promotes Innovative Ideas and Planning Reduces Creativity – Will Be Given).
‘Planning is not a guarantee of success.’ In this context, explain the limitations of Planning.
Which of the following is a limitation of planning?
Which of the following statements is not true with reference to planning?
It is not always true that just because a plan has worked before it will work again. Identify the related limitation of planning.
“Following a pre-decided plan, when circumstances have changed, may not turn out to be in the organisation's interest.” The limitation of planning being referred to in the above statement is ______.
Read the following text and answer the following question on the basis of the same:
Simplex limited had been taken over by Mundhra Group immediately following India’s independence. Since then it enjoys a rich record of industry presence and experience. In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions before launching ERP system to attract large projects. The management had done effective forecast and critical thinking regarding allocation resources to reduce wastage. For this purpose the company had laid down multiple courses of action to meet the challenge of adverse situations. In 2008, the company suffered loss in many projects due to the great recession despite taking many cost cutting measures. The management had taken utmost care regarding the possible outcome and timely review of the plans to achieve the set target during that hard time. In 2010 the system implemented successfully which subsequently helped the company to execute numerous projects with precision and timeliness.
“In 2008, the company suffered loss in many projects due to the great recession despite taking many cost cutting measures.” Which limitation of the management process is indicated here?
Planning cannot foresee everything, and thus, there may be obstacles to effective planning. Identify the related limitation of planning
Why are rules considered to be plans?
R-Ox Ltd. wants to increase their market share by 4.5% in next two years. It spent a lot of money to hire specialized people for framing their plans, collecting important facts about environment who took lot of time to frame plans for the company. The competition has started increasing, and it is not able to beat its competitors because it has already spent a huge amount. The plan failed and company suffered a huge loss. Identify the limitation of planning stated in the given case :
Meena, a proof reader in Akash Publications, has been given a target of reading at least 40 pages per day. She has a habit of doing things differently. While doing her work, an idea struck her that a summary of a chapter in the form of a map where all the concepts related to that chapter would be interlinked, should be given in starting of each chapter. It will give students a gist of chapter as well as provide a competitive edge over other publishers. But instead of appreciating her idea, her immediate boss scolded her and asked her to complete the work as per prescribed format. Out of the following, identify the limitation of planning stated in above paragraph :
"Once a plan is formed by the top management and is conveyed to the whole team, it is very difficult to alter it." Which limitation of planning is being indicated in the given statement?
Explain the following as limitations of planning:
- Planning leads to rigidity.
- Planning may not work in a dynamic environment.
Though planning is an important function of management, it may not always give desired results. Justify this statement by explaining any four limitations of Planning.
