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प्रश्न
‘Bawa Cycles’ was in the business of manufacturing racing-cycles and had a monopoly in the market. The business was doing very well and the company was consistently meeting its objective of 10% increase in sales every year. Encouraged by the good track record, the Managing Director of the company kept an ambitious target of 15% increase in sales for the next year. The same year two competitors also entered the market and because of this, the company was not able to meet its target. Identify the limitation of one of the functions of management because of which the company was not able to achieve its target
उत्तर
The company was not able to meet its target as planning does not work in a dynamic environment. Nothing is constant in a business environment; it is dynamic in nature. As a business environment is dynamic in nature and keeps on changing as and when new competitors enter the market, planning may not prove to be fruitful in such cases. This is because planning cannot foresee such sudden changes in the business. This may lead to failure in the accomplishment of objectives. An organisation must adapt its functioning to the changing environment; a long-term planning will make this dynamic environment less effective.
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संबंधित प्रश्न
Which of the following country adopts indicative planning?
Sarvodaya Plan was advocated by ______.
Arrange the following plans in correct chronological order
a) People’s Plan
b) Bombay Plan
c) Jawaharlal Nehru Plan
d) Vishveshwarya Plan
Bring out the arguments against planning.
Rearrange the steps in the decision-making process logically.
A. Identification of a problem
B. Identification of decision criteria
C. Allocation of weights to criteria
D. Development of alternatives
E. Analysis of alternatives
F. Selection of an alternative
G. Implementation of the alternative
Which of the following is an assumption of rationality to rational decision-making?
______ provides a rational approach for setting objectives and developing appropriate courses of action for achieving predetermined objectives.
On which factor does the economic development of a region depends?
In how many districts, drought-prone area are identified?
What is the female literacy rate in the Bharmaur region?
Under which programme, did the Planning Commission of India (1967) identify 67 districts (entirely or partly) of the country as prone to drought?
Hill area development programme does not include ______.
Which of the following is not a feature of planning?
______ must be futuristic in nature.
Which of the following is a feature of Planning :
Assertion (A): Planning is a primary function of management.
Reason (R): Planning is required at all levels of management as well as in all departments of the organisation.
Match the CATEGORY being marketed in Column I with the correct EXAMPLE in Column II.
| Column I | Column II | ||
| (1) | Ideas | (i) | Film festival |
| (2) | Experience | (ii) | Family Planning |
| (3) | Events | (iii) | Mountaineering |
'It involves application of high order thinking skills and intellectual faculties, involving vision and foresightedness to decide the things to be done in the future.'
Which feature of Planning is stated in the above line?
