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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
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?
Planning cannot foresee everything, and thus, there may be obstacles to effective planning. Identify the related limitation of 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 ______.
What are the factors due to which we can say that planning is a very significant action despite of the gigantic costs
______ may not work right in a changing environment.
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.
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 :
"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 limitations of planning:
- Planning reduces creativity.
- Planning involves huge costs.
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.
