12th Class Business Studies Sample Paper Business Studies Sample Paper-2

  • question_answer
    If planning involves working out details for the future, why does it not ensure success?

    Answer:

    The success of an enterprise is possible only when plans are properly made and then implemented. In order to achieve goals, plans need to be translated into action or else, they become meaningless. Managers usually rely on previously tried and tested successful plans and like to use them in every similar condition/situation. It is not necessary that just because the plan has worked before, it will work again. There are so many unknown factors to be considered. The kind of complacency and false sense of security that plans provide, may actually lead to failure instead of success.


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