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Can Planning Work in a Changing Environment? Give A Reason to Justify Your Answer. - Business Studies

Short Note

Can planning work in a changing environment? Give a  reason to justify your answer. 

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Solution

Plans may not work in a changing environment. The business environment consists of various dimensions of the economic, legal, technological, political and social environment. The organisation has to constantly change itself to the needs of the environment. It is difficult to forecast accurately the future Trends of the environment. Planning may not be able to go see everything.

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APPEARS IN

NCERT Class 12 Business Studies Part 1 - Principles and Functions of Management
Chapter 4 Planning
Very Short Answer | Q 5 | Page 109
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