'Planning is not a solution to all problems'. Planning is not a useless exercise despite its limitations.' Which of these statements is correct. Justify.
Both the statements are correct in their own way.
Planning is not a solution to all problems as planning has its own limitations that hinder the accomplishment of all the objectives of an organisation. Limitations of planning are covered in our NCERT solutions. You can refer to the same following the below mentioned link.
https://www.meritnation.com/cbse/class12-commerce/ncert-solutions/business-studies/principles-and-functions-of-management/planning/page111-Long-Answers-qno1/682_3722_30356/why-is-it-that-organisations-are-not-always-able-to
Planning is not a useless exercise despite its limitations as it is plays very significant, basic and essential function in an organisation. Importance of planning is covered in our NCERT solutions. You can refer to the same following the below mentioned link.
https://www.meritnation.com/cbse/class12-commerce/ncert-solutions/business-studies/principles-and-functions-of-management----ncert-solution/planning/page111-long-answers-qno4/1381_3722_30353/is-planning-actually-worth-the-huge-costs-involved
Planning is not a solution to all problems as planning has its own limitations that hinder the accomplishment of all the objectives of an organisation. Limitations of planning are covered in our NCERT solutions. You can refer to the same following the below mentioned link.
https://www.meritnation.com/cbse/class12-commerce/ncert-solutions/business-studies/principles-and-functions-of-management/planning/page111-Long-Answers-qno1/682_3722_30356/why-is-it-that-organisations-are-not-always-able-to
Planning is not a useless exercise despite its limitations as it is plays very significant, basic and essential function in an organisation. Importance of planning is covered in our NCERT solutions. You can refer to the same following the below mentioned link.
https://www.meritnation.com/cbse/class12-commerce/ncert-solutions/business-studies/principles-and-functions-of-management----ncert-solution/planning/page111-long-answers-qno4/1381_3722_30353/is-planning-actually-worth-the-huge-costs-involved