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(a) The end result of planning is only one of its purposes(b) Planning cannot eliminate change(c) Planning that proves inaccurate is a waste of management’s time(d) The process of planning can, in itself, be valuable even if the results are inaccurate(e) Planning is only a constraint if management stops planning after doing it once.
(C)
The Misconception of planning is, people think that if you have planned something you should100% achieve it. Even if we could close to the plan what we have planned will allow us to be on track.
"Aim For The Stars, If You Fail, You'll Land On The Moon." Some people say "Don't Think Big, Think Small, For Small Things Are Much Easier To Accomplish", to an extent, there's truth in this statement, but only the part that says ".....For Small Things are Much Easier To Accomplish
(c)
Reason : Planning is defined as the process by which managers set missions and objectives, assess the future and develop courses of action to accomplish these objectives.
Management that does a good job of planning will have direction and purpose, and planning is likely to minimize wasted effort. All of these can occur, even if the objectives being sought are missed.
Hence, from above discussion, we can infer that option (c) is a common misconception about planning.
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