ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not the internal element of limitation of planning
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Capital
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Increase in population
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Raw material
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machine
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Explanation:
Detailed explanation-1: -Limitations of planning: i Leads to rigidity ii May not work in a dynamic environment. iii Reduces creativity. iv Involves huge costs. v Time consuming.
Detailed explanation-2: -The plans are rigid in nature and have to be complied with throughout the organisation. Such rigidity of plans may be internal as well as external. Internal rigidity relates to plans, policies, programs, rules, and methods, etc. More items
There is 1 question to complete.