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प्रश्न
Explain any three limitations of ‘Planning’.
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उत्तर
Three limitations of planning:
i. Inflexibility: Since all the other steps in the process of management depend on planning, it becomes quite inflexible to alter a plan once it gets in the process of being implemented. In scenarios of unplanned external changes, it often becomes a cost and time burden on the organisation to change the course of a plan. It is therefore suggested to companies to keep a certain degree of flexibility in their plan to cooperate with unforeseen circumstances.
ii. Inability to deal with potential business changes: At times, planning fails to accommodate changes in business functioning due to its predefined assumptions about business. It therefore becomes a tedious task to alter the plan according to forthcoming changes.
iii. Hindrance to new initiatives: Planning often reduces the scope of new initiatives due to the required structural adjustments demanded by those initiatives. Hence, it sometimes becomes a hindrance in efficiency and effectiveness of organisational procedures. It is therefore advised to make necessary structural adjustments while formulating a plan every time to put new initiatives into action.
संबंधित प्रश्न
State any three limitations of planning.
Planning leads to rigidity is a:
Which of the following is a limitation of planning?
Which of the following statements is not true with reference to planning?
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?
What are the factors due to which we can say that planning is a very significant action despite of the gigantic costs
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 :
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.
What makes planning lead to rigidity?
What difficulty do managers face when plans are fixed?
What is the effect of rigidity when circumstances change?
Which factors describe a dynamic business environment?
Which business elements need frequent revision in a dynamic environment?
What are middle managers and employees unable to do under rigid top-down planning?
What may happen to ideas when planning reduces creativity?
Which activities add to the cost of planning?
Why is planning time-consuming?
