1.

Explain any five limitations of planning.

Answer»

Limitations of planning are: 

1. Rigidity: In organizations a well-defined plan is drawn up with specific goals to be achieved with a time limit. This leads to rigidity in the activities of the managers which restricts the individual freedom, creativity and initiative. 

2. Environmental constraints: The business environment is dynamic in nature, nothing is constant. Planning do not take into consideration the possible changes in economic, political, legal and social dimensions. 

3. Lack of creativity: Planning is done by top management and the subordinates just implement the pl Answer: As a result the middle management are not allowed to deviate the plans and also not permitted to act on their own. Thus, their creativity is reduced.

4. Expensive: It is a costly process. Collection and analysis of information, evaluation of best course of action involves huge expenses. 

5. Time consuming: Planning process is time consuming. Collection of facts and figures, selection courses of action involves much time.



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