Alpha Ltd. spent a lot of money to hire specialised people for framing their plans and collecting important facts from environment. The company cut down their cost by cancelling the employee's trip for recreation.
(i) Name the limitation of planning mentioned in above para
(ii) Name the value overlook by management.

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Solution

Limitation stated in above para is-
Planning involves huge cost.
Value overlooked by management-
affecting the psychological condition of employees

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Similar questions

Beta Ltd. spent a lot of money to hire specialised people for framing their plans and collecting important facts from the environment. The company cut down their cost by canceling the employee's trip for recreation.

The limitation of planning mentioned in the above paragraph.

Q. ABC Ltd. decided to develop the plan for upcoming year in such a manner that weaker section of society can be given job opportunities and make use of eco friendly method of production. For this it hired leading consultancy firm and paid high fees. ABC Ltd. invited suggestions from lowest level also and involve employees working at different level to develop this plan. Company spent lot of money on fees and research work to collect various facts.
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(C) Identify the values ABC Ltd. desire to achieve.

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State any two limitations of planning.

Santo Ltd. has to develop its organisational, plan for the current year and for this purpose they hire professional consultants from the United States. These consultants incurred a lot of money in a collection of facts, figures, surveys, etc., including the salaries of the consultants. This whole process of planning has already proved to be a very costly affair and the eventual total cost may exceed the gains expected from the plan. In addition, the top management did not involve a middle and supervisory level of management during the planning process. These two levels of management are neither allowed to deviate from their plans nor are they permitted to act on their own. They keep thinking along the same lines as others so that nothing new or innovative gets added to the process.

(i) Should Santo Ltd, continue with existing planning with consultants from the United States? Explain with reasons. Also explain, which limitation of planning is reflected in this case?

(ii) Which limitation of planning is reflected when top management does not involve a middle and supervisory level of management during the planning process the above case? What remedial steps can Santo Ltd., take to overcome this limitation?

Q. ABC Ltd announced a plan that nobody would smoke in the organisation premises and they further added that certain penalty will be imposed on those employees overlooking this.
(i) Name the type of plan related to above para
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(iii) Name the values emphasized by the company

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Limitation stated in above para is-Planning involves huge cost.Value overlooked by management-affecting the psychological condition of employees

Limitation stated in above para is-
Planning involves huge cost.
Value overlooked by management-
affecting the psychological condition of employees