1.

State any three limitations of planning.

Answer»

Limitations of Planning:

(a) Leads to rigidity: Once a plan is drawn, managers may not be in a position to change it.

(b) May not work in a dynamic environment: It is difficult to accurately assess future trends in environmental changes required for effective planning.

(c) Reduces Creativity: Middle managers have to just implement the plans formed by top management without any deviations.

(d) Involve huge cost: Cost is incurred on discussions with professional experts, etc.

(e) Time consuming:  A lot of time is consumed in collective and analysis of data, less time may be left for implementation. 

(f) Planning does not guarantee success: Previously successful plans may not work again, cannot guarantee to be successful again in similar situation.



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