Identify the potential limitations of Planning:
(A) It increases the creativity.
(B) Managers have poor planning knowledge and skills.
(C) Sometimes plans to be drawn up take too much time.
(D) The costs incurred sometimes may not justify the benefits derived from the plans.
Choose the correct answer from the options given below:
Identify the potential limitations of Planning:
(A) It increases the creativity.
(B) Managers have poor planning knowledge and skills.
(C) Sometimes plans to be drawn up take too much time.
(D) The costs incurred sometimes may not justify the benefits derived from the plans.
Choose the correct answer from the options given below:
Solution
Option 1 -> (A), (B) and (D) only - Incorrect because (A) increasing creativity is a benefit not a limitation, and (B) relates to manager capability rather than planning's inherent limitations.
Option 2 -> (A), (B) and (C) only - Incorrect because (A) is a positive outcome not a limitation, and it excludes (D) which is a valid limitation.
Option 3 -> (A), (B), (C) and (D) - Incorrect because (A) increasing creativity is an advantage of planning, not a limitation, and (B) refers to external factors rather than planning's inherent limitations.
Option 4 -> (C) and (D) only - Correct because both are genuine limitations: (C) planning can be time-consuming and delay action, and (D) planning costs may exceed benefits, making it inefficient.
Hence, Option 4: (C) and (D) only -> Statement (A) describes a benefit, not a limitation. Statement (B) refers to external factors (manager competency) rather than inherent planning limitations. Statements (C) and (D) correctly identify actual limitations: excessive time consumption in plan development and disproportionate costs compared to benefits are recognized drawbacks of the planning process. -> correct
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