State a measure to overcome limitations of planning.

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Solution

The system of control should be directly associated with planning so that every plan is implemented properly. Regular and continuous monitoring of whether the activities are carried on in accordance with plans in necessary to ensure that planning becomes successful.

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Similar questions

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?

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

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The Manager, Mr. Rehman, strictly adheres to the organisational plan that lays down a maximum of 10 $%$ discount to be offered to customers on sale of goods. But Mr. Rehman could not provide a 10.5 $%$ discount on a large order to an old customer Mr. Ram when he demanded a discount. The firm lost the large order and hence incurred losses.

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