Explain any three merits and demerits of planning.
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Answer:
Merits:
Gives an organization a sense of direction. Without plans and goals, organizations merely react to daily occurrences without considering what will happen in the long run. For example, the solution that makes sense in the short term doesn't always make sense in the long term. Plans avoid this drift situation and ensure that short‐range efforts will support and harmonize with future goals.
Focuses attention on objectives and results. Plans keep the people who carry them out focused on the anticipated results. In addition, keeping sight of the goal also motivates employees.
Establishes a basis for teamwork. Diverse groups cannot effectively cooperate in joint projects without an integrated plan. Examples are numerous: Plumbers, carpenters, and electricians cannot build a house without blueprints. In addition, military activities require the coordination of Army, Navy, and Air Force units.
Demerits:
Misdirected Planning:
Planning may be used to serve individual interests rather than the interest of the enterprise.
Time consuming:
Planning is a time consuming process because it involves collection of information, it’s analysis and interpretation thereof. This entire process takes a lot of time specially where there are a number of alternatives available.
Probability in planning:
Planning is based on forecasts which are mere estimates about future.These estimates may prove to be inexact due to the uncertainty of future.
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Explanation:
Merits of Planning
- Planning something direct you a special path or provide a path means its gives u a direction of achieving something
- Proper planning and constantancy help to reduce your stress during last time
Demerits Of Planning
- Sometimes if u unable to follow your daily plan supposed one day then your all planing will be ruined if you doesn't accommodate some days for revision and cope up this type of situation
- Some student sit one day and makes 1-2 month plan but in reality this plan will not be followed by student because student make plan like that they are robot means their helath condition will be ok all these day, all days of month will be same means if some days some guest will come then students are unable to manage the plane which create pressure on students
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