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Decentralized economic planning can lead to inefficiencies due to the lack of coordinated decision-making, resulting in potential resource misallocation and duplication of efforts across different regions or sectors. Additionally, it may struggle to effectively respond to large-scale economic challenges or crises that require unified action. Furthermore, without a central authority, ensuring equitable distribution of resources and addressing externalities can become more complex.
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Define budget and budgeting discuss its utility and limitation?
It is a financial plan for how an organization will receive and spend money. The utility is that it allows performance evaluation of the managers while its limitation is that it does not give the employee the morale to work.
What is meant by the term socio-economic issues and give examples?
give examples of socio economic issues?
What are the three approaches to measuring economic activity?
what are the three approaches to measuring economic activity and why do they give the same answer?
What evaluating economic systems it is most important to consider?
In evaluating economic systems, it is most important to consider give me a answer
What was the economic plan of the US that would give economic aid to free and democratic countries of Europe?
It was the Marshall Plan.
Give limitation of e-r model how to overcome it?
Type your answer here... give the limitation of e-r model?how do you overcome this.
Can you give an Example of how a change in the social and economic context can affect household financial planning for a young couple?
one good example is divorce
Difine science and give its importanse and limitation?
define science
Give an example for planning management?
i want examples of planning
What the limitation of balance sheet?
-the first limitation is that a financial statement ignores the productivity and the skills of the employees in an organization. -balance sheet does not give timely and relevant information because it is based on historical costs and it does not give a fair idea about the current position of the company.
What is meant by the term socio-economic issues and give examples?
give examples of socio economic issues?
Define budget and budgeting discuss its utility and limitation?
It is a financial plan for how an organization will receive and spend money. The utility is that it allows performance evaluation of the managers while its limitation is that it does not give the employee the morale to work.
Can you give me slogans of family planning and birth spacing?
importance of careful planning and spacing of births
Are you planning to send them a gift"?
"Are you intending to give them a present?"
What is the link between macro human resource planning succession planning and internal recruitment?
give the link between human resource planning, succession planning and internal recru,itment
How would these forcast affect the planning process in organization?
You do not give enough information to give you an answer.
Describe the basic stages of planning for any Production Operations Also give out of Planning?
"http://wiki.answers.com/Q/Describe_the_basic_stages_of_planning_for_any_Production_Operations_Also_give_out_of_Planning"
