BUISENESS MANAGEMENT
BUSINESS PLANNING
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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: -Internal limitations of planning are: Planning leads to rigidity Once the plans are made it is difficult to change them. Planing does not work in dynamic environment Business environment is constantly changing. Planning cannot foresee everything and thus, there may be obstacles to effective planning.
Detailed explanation-2: -Correct option is (c) Flexible.
Detailed explanation-3: -a) Stock exchange b) IPO c) OTC d) SEBI. Dear student, Ans 1) Among the options mentioned in the question, planning is not an element of directing. Planning means a process of deciding the actions/ activities to be undertaken and how they are to be done.
There is 1 question to complete.