Question

Caseler 16: Mega Ltd., holds an Annual Management Programme every year in the month of
March in which the top managerial personnel formulate plans for the next year by analysing
and predicting the future to meet future events effectively.
As they are responsible for providing directions to the organisation, facts are thorough
checked using scientific calculations. Detailed plans are prepared after discussion with
professional experts. Preliminary investigations are also undertaken to find out the viability a
the plan. Since it is an intellectual activity requiring intelligent imagiration and sound judgemen
so it is manily done by the top management. Usually rest of the members just implement the
plans, Middle level managers are neither allowed to device from the plans nor are the
permitted to act on their own. The top management ensures that the expenses incurred
formulating the plans justify the benefits derived from them.
State any two limitations and any two features of planning discussed above.
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Answer 1

Answer:

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Explanation:

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