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Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.
Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.
- 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 'B'. Can you explain this answer?
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Direction: In the following questions, a statement of Assertion (A) i...
The economic environment in India consists of various macro level factors related to the means of production and distribution of wealth which have an impact on business and industry.
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Direction: In the following questions, a statement of Assertion (A) i...
Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.
Reason (R): Business enterprises in India do realize the importance and impact of the economic environment on their working.
Explanation:
The economic environment refers to the economic conditions and factors that affect business operations and decision-making. It includes various aspects such as government policies, economic indicators, market conditions, and economic stability. The economic policies of the government, including industrial, monetary, and fiscal policies, play a crucial role in shaping the economic environment. These policies are designed to regulate and control various economic activities, promote growth, and maintain stability.
Business Enterprises in India Realize the Importance of Economic Environment:
Business enterprises in India are directly affected by the economic environment and, therefore, understand its significance. The economic environment sets the stage for business operations, influences consumer behavior, and impacts the overall business climate. Here are a few reasons why business enterprises in India realize the importance of the economic environment:
1. Policy Impact: Government policies, such as industrial policies, affect the business environment by providing incentives, regulations, and support for specific industries. Business enterprises in India need to understand these policies to align their strategies accordingly.
2. Market Conditions: The economic environment determines market conditions, such as demand, supply, and competition. Business enterprises need to analyze these conditions to make informed decisions about production, pricing, and market entry.
3. Investment Decisions: The economic environment influences investment decisions by affecting the cost of capital, interest rates, and availability of credit. Business enterprises need to monitor these factors to make sound investment choices.
4. Consumer Behavior: Economic conditions, such as income levels, employment rates, and inflation, impact consumer behavior and purchasing power. Business enterprises need to be aware of these factors to effectively target their products and services.
5. Economic Stability: The overall economic stability of a country is crucial for businesses to thrive. Business enterprises in India understand that a stable economic environment provides a conducive atmosphere for growth and expansion.
Therefore, both the assertion and the reason are true. The economic environment does include economic policies of the government, and business enterprises in India do realize the importance and impact of the economic environment on their working. However, the reason is not the direct explanation of the assertion but rather provides evidence to support it.
Hence, the correct answer is option B. Both (A) and (R) are true, but (R) is not the correct explanation of (A).
Reason (R): Business enterprises in India do realize the importance and impact of the economic environment on their working.
Explanation:
The economic environment refers to the economic conditions and factors that affect business operations and decision-making. It includes various aspects such as government policies, economic indicators, market conditions, and economic stability. The economic policies of the government, including industrial, monetary, and fiscal policies, play a crucial role in shaping the economic environment. These policies are designed to regulate and control various economic activities, promote growth, and maintain stability.
Business Enterprises in India Realize the Importance of Economic Environment:
Business enterprises in India are directly affected by the economic environment and, therefore, understand its significance. The economic environment sets the stage for business operations, influences consumer behavior, and impacts the overall business climate. Here are a few reasons why business enterprises in India realize the importance of the economic environment:
1. Policy Impact: Government policies, such as industrial policies, affect the business environment by providing incentives, regulations, and support for specific industries. Business enterprises in India need to understand these policies to align their strategies accordingly.
2. Market Conditions: The economic environment determines market conditions, such as demand, supply, and competition. Business enterprises need to analyze these conditions to make informed decisions about production, pricing, and market entry.
3. Investment Decisions: The economic environment influences investment decisions by affecting the cost of capital, interest rates, and availability of credit. Business enterprises need to monitor these factors to make sound investment choices.
4. Consumer Behavior: Economic conditions, such as income levels, employment rates, and inflation, impact consumer behavior and purchasing power. Business enterprises need to be aware of these factors to effectively target their products and services.
5. Economic Stability: The overall economic stability of a country is crucial for businesses to thrive. Business enterprises in India understand that a stable economic environment provides a conducive atmosphere for growth and expansion.
Therefore, both the assertion and the reason are true. The economic environment does include economic policies of the government, and business enterprises in India do realize the importance and impact of the economic environment on their working. However, the reason is not the direct explanation of the assertion but rather provides evidence to support it.
Hence, the correct answer is option B. Both (A) and (R) are true, but (R) is not the correct explanation of (A).
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Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer?
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Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. 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 Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer?.
Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. 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 Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer?.
Solutions for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Commerce.
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Here you can find the meaning of Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer?, a detailed solution for Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer? has been provided alongside types of Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Direction: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Economic environment includes economic policies of the Government, including industrial, monetary and fiscal policies.Reason (R): Business enterprises in India do realise the importance and impact of the economic environment on their working.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 'B'. Can you explain this answer? tests, examples and also practice Commerce tests.
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