Economics · Principles of Management
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: In the functional analysis of an industrial undertaking, commercial activities encompass the operations of buying, selling, and exchange. Reason R: Within the administrative framework, a plan of action is required to possess the specific attributes of unity, continuity, flexibility, and precision. In the light of the above statements, choose the most appropriate answer from the options given below:
- 1A is not correct but R is correct
- 2A is correct but R is not correct
- 3Both A and R are correct but R is NOT the correct explanation of A✓
- 4Both A and R are correct and R is the correct explanation of A
Correct answer
Both A and R are correct but R is NOT the correct explanation of A
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