Identify the potential limitations of Planning:

(A) It increases the creativity.
(B) Managers have poor planning knowledge and skills.
(C) Sometimes plans to be drawn up take too much time.
(D) The costs incurred sometimes may not justify the benefits derived from the plans.

Choose the correct answer from the options given below:

(C) and (D) only

The correct answer is Option (4) → (C) and (D) only

(A) It increases the creativity. Not a limitation. Planning reduces creativity. Planning is an activity which is done by the top management. Usually the rest of the members just implements these plans. As a consequence, middle management and other decision makers are neither allowed to deviate from plans nor are they permitted to act on their own. Thus, much of the initiative or creativity inherent in them also gets lost or reduced. Most of the time, employees do not even attempt to formulate plans. They only carry out orders. Thus, planning in a way reduces creativity since people tend to think along the same lines as others. There is nothing new or innovative.
(B) Managers have poor planning knowledge and skills. Not a limitation. 
(C) Sometimes plans to be drawn up take too much time. It is a limitation. Planning can be time-consuming, delaying immediate action.
(D) The costs incurred sometimes may not justify the benefits derived from the plans. It is a limitation.  When plans are drawn up huge costs are involved in their formulation. These may be in terms of time and money for example, checking accuracy of facts may involve lot of time. Detailed plans require scientific calculations to ascertain facts and figures. The costs incurred sometimes may not justify the benefits derived from the plans. There are a number of incidental costs as well, like expenses on boardroom meetings, discussions with professional experts and preliminary investigations to find out the viability of the plan.