Question

write 2 limitations of making plans in business​

Answer 1

7 Major Limitations to Effective Planning | Business Management

Planning is costly: ADVERTISEMENTS: ...

Planning is a time consuming process: ...

Planning reduces initiative of employees: ...

Reluctance to change: ...

Capital invested in fixed assets limits planning: ...

Inaccuracy in planning: ...

Planning is effected by external limitations:

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Answer 2

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Following are the limitations of planning:

• (1) Planning Creates Rigidity:
• They are the following:
• (i) Internal Inflexibility:
• (ii) External Inflexibility:
• (2) Planning Does Not Work in a Dynamic Environment:
• (3) Planning Reduces Creativity:
• (4) Planning Involves Huge Costs:
• (5) Planning is a Time-consuming Process: