Mohit limited has business of manufacturing treadmills . The business was going very well and the company was achieving the objective of 20%increase in sales every year.Mr Akshay who is the head of operations of company at the target of 30% increase in sales for next year.Company could not achieve the target . Identify and explain the limitations of one of the function of management bécause of which the company was not able to meet the target
Answers
Answer:
planing function and limitations of planning
Explanation:
function
planing is an intellectual activity - it deals with the mental state of mind of. manager it involves vision and farsightedness to decide the course of action to be persuade in future .
primary of planning - planning is the first and foremost function of management.all other functions are followed by planning.
goal oriented- every plan specify the objective to be attained and the steps necessary to achieve it.
there are 7 function but I can write only 3 I hope help it
limitations
time consuming process - utility is reduced if plans are not implement in time . decision making may get delayed where there is a need of immediate action .
expensive - because of heavy costs involved in its implementation small concerns find it difficult to make a widely acceptable and a comprehensive plan.
biased thinking- the likes and dislikes of the planner are greatly reflected in the planning even if it is not done deliberately
there are 8 limitations but I can write only 3.