Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: Management plays a crucial role in significantly preventing the wastage of organizational resources. Reason R: It functions as a structured process that ensures the most efficient use and optimum utilization of available resources. In the light of the above statements, choose the most appropriate answer from the options given below:

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Business Studies · Importance of Management

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Both A and R are correct and R is the correct explanation of A

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Answer 1

A is not correct but R is correct

Answer 2

A is correct but R is not correct

Answer 3

Both A and R are correct and R is the correct explanation of A

Answer 4

Both A and R are correct but R is NOT the correct explanation of A

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