Question

Planning is an ______ process that includes money, time and effort.

Answer 1

Planning is an expensive process that includes money, time and effort.

Explanation:

Planning is considered expensive because it requires time, effort, and financial resources for gathering information, analyzing data, consulting experts, and forecasting future trends. It may involve costs like research, meetings, and salaries of planners. However, these costs are often justified as good planning helps avoid bigger losses and ensures efficient use of resources.