question_answer

A leather industry company spent lot of time and money to frame and implement the plan to diversify. A huge amount was spent on work on the designed plan. The competition started increasing, so it could not change its plan to beat its competitors because huge amount is already spent, the plan failed and the company suffered huge loss. Identify the limitation here.

A) Planning involves huge costs

B) Planning may not work in a dynamic environment

C) Planning is time consuming

D) All of these