Planning · Class 12 · CBSE · Commerce Business Studies
Explain any two limitations of planning.
Practice question from Planning (Class 12 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
medium · Subjective · Q-36D18C
Explain any two limitations of planning.
Answer: Planning may not work effectively in a dynamic environment because changes in technology, government policies or market conditions can make existing plans unsuitable. It is also a time-consuming and costly process because managers must collect information, analyse alternatives and formulate detailed courses of action.
Solution
Planning has limitations despite being essential for management. External changes can make plans ineffective, and the planning process requires considerable time, effort and expenditure.
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