Commerce Exam  >  Commerce Questions  >  Directions: In the following questions, a sta... Start Learning for Free
Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
Assertion (A): Developing Planning Premises is the primary step.
Reason (R): Objectives are end results which the management wants to achieve by its operations.
  • a)
    Both (A) and (R) are true, and (R) is the correct explanation of (A).
  • b)
    Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  • c)
    (A) is true, but (R) is false.
  • d)
    (A) is false, but (R) is true.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Directions: In the following questions, a statement of Assertion (A) i...
Setting Objectives is the primary step in the process of planning which specifies the objective of an organisation, i.e. what an organisation wants to achieve.
View all questions of this test
Most Upvoted Answer
Directions: In the following questions, a statement of Assertion (A) i...
Explanation:
The correct answer is option 'D' because the statement (A) is false, and the statement (R) is true. Let's break down the explanation further:

Developing Planning Premises:
- Planning premises are the assumptions about the environment in which the organization operates. These premises form the foundation for the planning process.
- Developing planning premises involves gathering information, analyzing data, and making assumptions about future trends, market conditions, competition, technological advancements, etc.
- It is an essential step in the planning process as it provides a basis for setting objectives and formulating strategies.

Objectives as End Results:
- Objectives are the specific, measurable targets that an organization aims to achieve within a certain time frame.
- They represent the desired outcomes or end results that the management wants to accomplish through its operations.
- Objectives are closely linked to the organization's mission and vision and serve as a roadmap for decision-making and resource allocation.
Therefore, while the statement about developing planning premises being the primary step is false, the statement that objectives are end results that management wants to achieve is true. Developing planning premises sets the stage for defining objectives, strategies, and action plans to achieve those objectives.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer?
Question Description
Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Developing Planning Premises is the primary step.Reason (R): Objectives are end results which the management wants to achieve by its operations.a)Both (A) and (R) are true, and (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev