Which of the Following Is a Commonly-Cited Limitation of Planning

question 158

Multiple Choice

Which of the following is a commonly-cited limitation of planning?

• A) Goals and planslimit employee motivation and commitment.
• B) Goals and plansmake resource allocation more difficult.
• C) Goals and plansmake it more difficult to measure standards of performance.
• D) Goals and plansboost intuition and creativity.
• E) Goals and planscan create a false sense of security.

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Definitions:

Hand Loom

A manual weaving device operated by hand that is used to create woven fabrics or tapestry.

Federal Reserve

The central banking system of the United States, responsible for monetary policy.

Key Interest Rate

The primary interest rate set by the central bank that is used as the main benchmark for lending rates in the economy and influences overall monetary policy.

Money Supply

The entire gamut of monetary assets within an economy at a designated instance.