Match the following lists.

Choose the correct answer from the options given below.

A-II, B-IV, C-I, D-III

The correct answer is option 2- A-II, B-IV, C-I, D-III .

* Planning leads to rigidity: In an organization, a well-defined plan is drawn up with specific goals to be achieved within a specific time frame. These plans then decide the future course of action and managers may not be in a position to change it. This kind of rigidity in plans may create difficulty. Following a pre-decided plan, when circumstances have changed i.e., being rigid may not turn out to be in the organizations interest.

* Planning may not work in dynamic environment: The business environment is dynamic, nothing is constant. The environment consists of a number of dimensions, economic, political, physical, legal and social dimensions. Planning cannot foresee everything and thus, there may be obstacles to effective planning.

* Planning reduces creativity: Planning is an activity which is done by the top management. Usually, the rest of the members just implements these plans and most of the times employees do not even attempt to formulate plans. They only carry out orders. 

* Planning involves huge cost: 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.