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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): Shift in demand from propeller airplanes to jets and from typewriters to computer based word processors have all been responsible and creating new business.
Reason (R): Technological environment includes forces relating to scientific improvements and innovations, which provide new ways and techniques of operating a business.
  • 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 'A'. Can you explain this answer?
Verified Answer
Direction: In the following questions, a statement of Assertion (A) i...
Technological environment includes the discovery of new methods and techniques for the production of goods and services. Technological changes make available better methods of production and that makes the optimum use of the raw material possible.
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Most Upvoted Answer
Direction: In the following questions, a statement of Assertion (A) i...
Assertion (A): Shift in demand from propeller airplanes to jets and from typewriters to computer-based word processors have all been responsible for creating new business.

Reason (R): Technological environment includes forces relating to scientific improvements and innovations, which provide new ways and techniques of operating a business.

The correct answer is option 'A': Both (A) and (R) are true, and (R) is the correct explanation of (A).

Explanation:
The given assertion and reason highlight the relationship between technological advancements and the creation of new businesses. Let's break down the explanation into the following sections:

1. Technological advancements drive demand shifts:
- The shift in demand from propeller airplanes to jets and from typewriters to computer-based word processors is a result of technological advancements in the aviation and computer industries.
- The introduction of jets provided faster and more efficient air travel, leading to a shift in demand from propeller airplanes.
- Similarly, computer-based word processors offered enhanced functionality and convenience compared to typewriters, resulting in a shift in demand.

2. Technological environment and business operations:
- The technological environment encompasses scientific improvements and innovations that influence the way businesses operate.
- Advancements in technology provide new ways and techniques for businesses to improve their processes, products, and services.
- These advancements can lead to the creation of new business opportunities as businesses adapt to the changing technological landscape.

3. Explanation of the relationship:
- The reason provided in (R) correctly explains the assertion in (A).
- The technological environment, with its scientific improvements and innovations, is responsible for the shift in demand mentioned in the assertion.
- These shifts in demand, driven by technological advancements, create new business opportunities as businesses adapt to the changing preferences and needs of consumers.

Conclusion:
In conclusion, the assertion and reason are both true, and the reason correctly explains the assertion. Technological advancements play a crucial role in driving shifts in demand and creating new business opportunities.
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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): Shift in demand from propeller airplanes to jets and from typewriters to computer based word processors have all been responsible and creating new business.Reason (R): Technological environment includes forces relating to scientific improvements and innovations, which provide new ways and techniques of operating a business.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 'A'. Can you explain this answer?
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