As per the manager of the comprehensive group, changes in business environment restrict freedom of planning for the management'. In a fast changing environment, management has a little control over external events.

(i) Which limitation of planning has been highlighted in the quoted line?

(ii) State any three limitations of planning.

(iii) Identify the value, which can be implemented by a comprehensive group to overcome such limitations.

Open in App

Solution

(i) The highlighted limitation is 'planning may not work in a dynamic environment'.

(ii) Three limitations of planning are:

(a) Planning is a time consuming process.

(b) Planning reduces creativity.

(c) Planning does not guarantee success.

(iii) Values that can be implemented to overcome such limitations are:

(a) Initiative

(b) Foresightedness

(c) Keen observation

Suggest Corrections

Similar questions

Which limitation of planning states that 'Once plans are made, managers may not be in a position to change them'?

Q. The management of ABC Ltd. set up the target of selling 10,000 products per week and made all their plans based on this target. But due to change in technology adapted by competitors which reduced their cost, the ABC Ltd, could not achieve their target.
(i) Identify the limitation of planning discussed in the above para.
(ii) State any other two limitations.

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?

The top management of Phospher Ltd. is engaged in organisation planning but they do not involve middle and supervisory level of management. 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) Which limitation of planning is reflected in above case?

(ii) What is the meaning of this limitation in the context of the case study?

(iii) What remedial step will Phospher Ltd., take to overcome this limitation?

Planning enables a manager to look ahead and anticipate changes. Identify, which benefit of planning is highlighted here?

Join BYJU'S Learning Program