The advantages are that you can then know what to do and that you are ready
A large limitation of human resource planning is uncertainty. Many HR professionals dislike the planning aspect because they believe it costs money in the form of time and training.
The advantages of using the imprest system are versatility, accountability, practicality, limitation of theft, ease of use and limitation of expenditure
Advantages: it is fresh-free from various diseases
Some limitations of financial planning are lack of knowledge of investing, lack of money to invest, and if one is older, lack of time to plan for financing. The biggest limitation is definitely the lack of knowledge.
There are a great many advantages of planning including being prepared. You will feel more calm when you know what to expect.
flexible
the first limitation is understanding phase diagrams
limitation of non performing assests
Manpower planning requires optimal use of the manpower in the industry. The biggest limitation is that optimal use of manpower is not being used in most industries.
advantages and limitations of planning.The advantages are:- Your project will go more smoothly- You are more prepared for risks- You, and your team, know what the requirements really are and what the final product should look likeThere are no real limitations of planning.
Strategic planning is crucial to make blue print of profit generation, gaining competitive leverage , determining operational planning steps.
Strategic planning is the management task concerned with growth and future of a business enterprise. A well-organized planning system is an extremely useful communications network. The planning process is a means for communications among all levels of management about objectives, strategies, and detailed operational plans. One of the great advantages of strategic planning is that it simulates the future on paper.