(1). Star Ltd. is a garment manufacturing company. The company regularly scan business environment and constantly adapts itself to change in environment. With all these efforts also it became difficult for company to foresee future trends, competition in the market effects the financial plan of the company. Identify limitation of planning. a. leads to rigidity b. may not work in dynamic environment c. reduces creativity d. huge cost
(2). Rahim wanted to start with a stationery app to help students of schools and college to provide stationery to them. He felt that students were not able to get the needed stationer hence wanted to provide the stationery directly to students in the school. He lists out the various ways of setting up this business and finally selected the best way to set up this business is by developing an app. Suggest what should be the next step of him: a) Developing premises b) Identifying the alternative course of action. c) Implementation of plan d) Follow up action.
