The management off blue moon limited set of the target of selling 500 unit per week an made all their plan based on their target. But due to change in technology adopted by competidores. Which reduce their cost the blue moon could not achieve their target.
a. Identify the Limitation of planning discussed in the hour pillar
Answers
Answer:
Limitations of Planning:
1. Corporate Planning is not Integrated into the Total Management System: The top management fails to identify and associate properly the formal planning with the central concept of the organisation’s mission.
2. There is a Lack of Understanding of the Different Steps of the Planning Process: The management may not be knowledgeable or skilled in understanding all steps of the planning requirements.
3. Non-Availability of Correct Information and Data: Planning is made by having information and data available. Generally correct information and data not available.
4. Management at Different Levels in the Organisation has not Properly Contributed to Planning Activities: Generally all strategic planning are made and conducted at top management. So sometimes middle level and lower level of management, which are closer to the operation, may not understand all aspects of planning. This will affect their fullest contribution.
5. Costly or Uneconomical: Planning is expensive. The cost of planning should not be in excess of its contribution and managerial judgement is necessary to balance the expenses of preparing the plans against the benefits derived from them
Hope this help and please mark this as brainliest please