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Limitations of Planning in Management - Disadvantages
Twelve demerits, disadvantages or limitations of planning in management.Image Credits © Manoj Patil.1. Time Consuming
Planning involves the collection of data, analysis of data, forecasting, etc. All this consumes a lot of precious time. Therefore, planning is a time-consuming activity.
2. Costly
Planning is the work of experts. They get paid very high salaries to make good plans. Companies
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