Briefly explain the various limitations of planning the business manag

1.	Briefly explain the various limitations of planning the business managers need to overcome.
Answer» Limitations of Planning (1) Planning makes the activities rigid. (2) Long term plans are in significant in the rapidly changing business environment. (3) It reduces creativity. (4) It involves cost. (5) It involves a lot of time. (6) Planning does not guarantee success.

Briefly explain the various limitations of planning the business managers need to overcome.

Answer»

Limitations of Planning

(1) Planning makes the activities rigid.

(2) Long term plans are in significant in the rapidly changing business environment.

(3) It reduces creativity.

(4) It involves cost.

(5) It involves a lot of time.

(6) Planning does not guarantee success.