A major limitation of planning is that it:
Aalways guarantees profit
Beliminates all business risk
Cmay create rigidity and may not work in a dynamic environment
Dremoves the need for managers
Answer & Solution
Correct answer: C. may create rigidity and may not work in a dynamic environment
Planning can create rigidity and may falter in a dynamic environment.
Related questions
The prescribed way in which each step of a procedure is to be performed is called a:By thinking ahead, planning mainly helps an organisation to:Policies, procedures and rules, which are used repeatedly over time, are examples of:Plans prepared for a one-time, non-recurring situation are called:A plan expressed in numerical or financial terms, such as expected sales, is a:A specific statement that tells exactly what is to be done or not done, leaving no discretThe exact chronological sequence of steps to be followed to perform a task is a:A general guideline that channels thinking and decision-making within set limits is a: