Which of the following are limitations of planning? (A) Planning reduces flexibility in adapting to change. (B) Planning eliminates all uncertainties in business. (C) Planning may not be effective in a dynamic environment. (D) Planning requires substantial time and cost.
1
(A), (C), and (D)
2
(A), (B), and (C)
3
(B), (C), and (D)
4
(A), (B), and (D)