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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): The business environment helps in understanding the threats which are likely to happen in the future.
Reason (R): Environmental awareness can help managers to identify various threats on time and serve as an early warning signal.
  • 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...
Environment happens to be the source of many threats. Environmental awareness can help managers to identify various threats on time and serve as an early warning signal.
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Direction: In the following questions, a statement of Assertion (A) i...
Assertion (A): The business environment helps in understanding the threats which are likely to happen in the future.
Reason (R): Environmental awareness can help managers to identify various threats on time and serve as an early warning signal.

The correct answer is option 'A', which states that both (A) and (R) are true, and (R) is the correct explanation of (A).

Explanation:

The business environment refers to the external factors and conditions that affect a business's operations, performance, and decision-making. It includes various elements such as economic, social, technological, political, and legal factors that can impact a business.

Threats are the potential dangers or risks that a business may face in its environment. These threats can arise from both external and internal factors. Understanding and identifying these threats is crucial for businesses as it allows them to develop appropriate strategies to mitigate or respond to them effectively.

Environmental awareness refers to the understanding and knowledge of the external environment in which a business operates. This awareness helps managers to stay informed about the changes and trends happening in the business environment. It enables them to anticipate potential threats and take proactive measures to address them before they become significant issues.

The reason provided in the statement (R) correctly explains why the business environment helps in understanding future threats. Here's a breakdown of the explanation:

1. Environmental awareness: Being aware of the business environment is essential for managers as it provides them with valuable information about the current and future conditions in which their business operates.

2. Identifying threats: By staying informed and keeping track of the changes in the environment, managers can identify various threats that may arise in the future. This includes understanding market trends, changes in consumer preferences, technological advancements, regulatory changes, competitive landscape, etc.

3. Early warning signal: Once managers are aware of potential threats, they can act as early warning signals for the business. This means they can take timely action to mitigate or respond to these threats before they have a significant impact on the business.

Therefore, both the assertion (A) and the reason (R) are true, and the reason accurately explains why the business environment helps in understanding future threats. It is important for businesses to maintain environmental awareness to identify and address potential threats proactively.
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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): The business environment helps in understanding the threats which are likely to happen in the future.Reason (R): Environmental awareness can help managers to identify various threats on time and serve as an early warning signal.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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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): The business environment helps in understanding the threats which are likely to happen in the future.Reason (R): Environmental awareness can help managers to identify various threats on time and serve as an early warning signal.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? 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): The business environment helps in understanding the threats which are likely to happen in the future.Reason (R): Environmental awareness can help managers to identify various threats on time and serve as an early warning signal.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? 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): The business environment helps in understanding the threats which are likely to happen in the future.Reason (R): Environmental awareness can help managers to identify various threats on time and serve as an early warning signal.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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