Question

Super Fine Rice Ltd. has the largest share of 55% in the market.
The company‟s policy is to sell only for cash. In 2015, for the first
time company‟s number one position in the industry has been
threatened because other companies started selling rice on credit
also. But the managers of Super Fine Rice Ltd. continued to rely on
it‟s previously tried and tested successful plans which didn‟t work
because the environment is not static. This led to decline in sales of
Super Fine Rice Ltd.
The above situation is indicating two limitations of planning which
led to decline in it sales. Identify these limitations.

Answer 1

threatened because other companies started selling rice on credit

also. But the managers of Super Fine Rice Ltd. continued to rely on

it‟s previously tried and tested successful plans which didn‟t work

because the environment is not static. This led to decline in sales of

Super Fine Rice Ltd.

The above situation is indicating two limitations of planning which

led to decline in it sales. Identify these limitations.

Answer 2

Answer:

Planning should not be rigid, because environment is dynamic rigid plan will not work in dynamic environment.

Planning does not guarantee success

Explanation:

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