Even though planning is important in business, it sufferers some limit

1.	Even though planning is important in business, it sufferers some limitations also. Explain any three limitations of planning.
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.

Even though planning is important in business, it sufferers some limitations also. Explain any three limitations of planning.

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.