Aziz Surgicals is a manufacturing firm of different items used in hospitals One year, on account of the - Business Studies - Important Videos

Question

Aziz
Surgicals’ is a manufacturing firm of different items used in
hospitals One year, on account of the apprehension of a virus
spreading fast, all of a sudden there was an increase in the demand
for ‘masks It was being planned to manufacture masks in a
large quantity, with this objective there were so many rounds of
meetings of the partners of the firm In order to know the reality
of facts the specialists were invited, on whom there was a lot of
expenditure This process consumed so much time that by the time the
final decision could be taken, the apprehension of the virus passed
away As a result, there was a sharp fall in the demand for masks
The money and time of the company were both
misspent
Identify the
‘limitation of planning’ in the event described
above
(a) Planning leads
to rigidity
(b) Planning does
not guarantee success
(c) Planning
reduces creativity
(d) Planning involves huge
costs

Komal Rani · Accepted Answer

Dear Student
The limitation of planning which here causes the misuse of time and
money is- Planning involves huge costs
As here, before taking final decision and start working on it ,
huge costs have to be incurred on various rounds of meetings as
well as on the specialists that were invited

(d) Planning involves huge costs

Regards