"though planning is not an important tool of management, yet it is not a remedy for all types of problems" do you agree with this statement? gaive any 5 reasons in support of your answer
Though planning is an important tool of management, it's not a remedy for all problems, because of the following reasons :
1. Planning doesn't give guaranteed success
2. Planning reduces creativity
3. Planning leads to rigidity
4. Planning may not work in dynamic environment
5. Planning is time-consuming
6. Planning involves huge costs.
1. Planning doesn't give guaranteed success
2. Planning reduces creativity
3. Planning leads to rigidity
4. Planning may not work in dynamic environment
5. Planning is time-consuming
6. Planning involves huge costs.