Question

explain the advantages and dis advantages of corporate planning

Answer 1

Corporate planning is an organized, methodical way of achieving business goals. Planning can allocate resources efficiently, thus reducing waste, decreasing costs and improving profitability

Answer 2

Good. Morning...
Disadvantages of Planning

Rigidity. Planning has tendency to make administration inflexible. ...

Misdirected Planning. Planning may be used to serve individual interests rather than the interest of the enterprise. ...

Time consuming. ...

Probability in planning. ...

False sense of security. ...

Expensive.
Advantage:
1) A good  corporate planning helps to  reduce the uncertainty in business by just predicting the risk value.
2) By corporation in company a well defined objectives and clear goals are made in order to get success.
3) A corporate planning helps in reducing the ambiguity and correctly defines unites of organization