12th Class Business Studies Planning Question Bank Topic - 1 MCQs - Planning

  • question_answer
    A garment manufacturing company regularly scan business environment and feel that the trends they are following is the best. One of the managers is very active and able to calculate future trends, competition in the market which could adversely affects the company's business. He is not encouraged from making the changes. Identify limitation of planning

    A) It leads to rigidity

    B) It may not work in dynamic environment

    C) It reduces creativity

    D) It involves huge cost

    Correct Answer: A

    Solution :

    [a] Explanations Rigidity in plans may create difficulty. Managers need to be given some flexibility to be able to cope with the changed circumstances.


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