After completing a diploma in Bakery and Patisserie, Julie sets up a small outlet at Goa Airport to provide a healthy food option to the travellers. To begin with, she has decided to sell five types of patties, three types of pizzas and low sugar muffins in four flavours. Thus, by deciding in advance what to do and how to do, she is able to reduce the risk of uncertainty and avoid overlapping and wasteful activities. But sometimes her planning does not work due to some unavoidable circumstances like cancellation of flights due to bad weather conditions, government alert etc. which adversely affects her business. In context of the above case:
(1) Identify points highlighting the importance of planning mentioned in the above paragraph.
1. Reduces the risk of uncertainty:
2. Avoiding overlapping and wasteful activities
3. 1 and 2
4. None of these
(2) The limitation of planning which adversely affects Payal’s business is:
1. Planning may not work in a dynamic environment:
2. Planning may not guarantee success.
3. Planning involves huge costs
4. None of these.