Business Studies
Limitations of planning
Practice questions
If a plan assumes that no substitute will enter the market but a substitute appears, what will be the effect?If a company's plan is excellent but communication among departments is weak, why may success not be achieved?If customer privacy concern is underestimated in a plan and app downloads fall, which limitation is it?If foreign exchange risk is not hedged in a plan, what danger exists?If the cost of implementing a new policy is underestimated and training expense rises, what is the problem?If branch managers cannot increase stock according to local festival demand because of a plan, which limitation is it?If a plan assumes all machines will run at full capacity but power cuts occur, what will be the conclusion?If a plan decided to raise prices but customers proved price-sensitive, which limitation is indicated?If a company keeps postponing a partnership offer from a new startup due to planning and misses the opportunity, which limitation is it?If employees receive numerical targets in a plan and start making false promises to customers, what is the problem?If a possible industry association strike is completely ignored while planning, what risk remains?If government approval is treated as a mere formality in a plan but approval is rejected, what will be the effect?If alternatives were compared in planning but later new alternatives were not considered, which limitation is it?If a small data error during planning creates a large difference in the entire budget, what is clear?If a plan considers only this month's sales instead of long-term market share, what risk exists?If a plan assumes that all departments will work at the same pace but one department lags behind, what problem will arise?If an external expert's advice is expensive and still proves wrong, which double limitation is shown?If consumer protection rules are underestimated in a plan and a penalty is imposed, which limitation is clear?If a plan relies on old brand popularity but customers begin preferring new brands, what limitation is it?Which of the following is the most mature conclusion about limitations of planning?