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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?
Assertion (A): Micro environment is also known as operating environment of business.
Reason (R): Micro environment forces have a direct bearing on the operations of the firm.
- 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 questions given below are two statements labelled a...
- The micro environment refers to such players whose decisions and actions have a direct bearing on the company.
- Macro environment comprises large social and physical forces which affect the company and also the players in the company's micro environment.
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Direction: In the questions given below are two statements labelled a...
Understanding the Assertion and Reason
The assertion (A) states that "Micro environment is also known as operating environment of business." This is a true statement as the micro environment directly impacts a business's day-to-day operations.
Micro Environment Explained
- The micro environment includes elements such as customers, suppliers, competitors, and market intermediaries.
- These factors are closely related to the business, influencing its operational activities and overall performance.
Reasoning Behind the Assertion
The reason (R) states that "Micro environment forces have a direct bearing on the operations of the firm." This statement is also true. The micro environment affects how a business functions and interacts with various stakeholders.
Connection Between A and R
- Since both statements are true, we must evaluate if R correctly explains A.
- The micro environment being termed as the operating environment emphasizes its role in the daily functioning of a business, which is further backed by the fact that these forces directly impact the firm's operations.
Conclusion
Given that both the assertion and the reason are true, and the reason accurately explains why the micro environment is referred to as the operating environment, the correct answer is:
a) Both A and R are true and R is the correct explanation of A.
This understanding reinforces the importance of the micro environment in business operations and highlights the interdependence of these forces.
The assertion (A) states that "Micro environment is also known as operating environment of business." This is a true statement as the micro environment directly impacts a business's day-to-day operations.
Micro Environment Explained
- The micro environment includes elements such as customers, suppliers, competitors, and market intermediaries.
- These factors are closely related to the business, influencing its operational activities and overall performance.
Reasoning Behind the Assertion
The reason (R) states that "Micro environment forces have a direct bearing on the operations of the firm." This statement is also true. The micro environment affects how a business functions and interacts with various stakeholders.
Connection Between A and R
- Since both statements are true, we must evaluate if R correctly explains A.
- The micro environment being termed as the operating environment emphasizes its role in the daily functioning of a business, which is further backed by the fact that these forces directly impact the firm's operations.
Conclusion
Given that both the assertion and the reason are true, and the reason accurately explains why the micro environment is referred to as the operating environment, the correct answer is:
a) Both A and R are true and R is the correct explanation of A.
This understanding reinforces the importance of the micro environment in business operations and highlights the interdependence of these forces.
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Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Micro environment is also known as operating environment of business.Reason (R): Micro environment forces have a direct bearing on the operations of the firm.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 questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Micro environment is also known as operating environment of business.Reason (R): Micro environment forces have a direct bearing on the operations of the firm.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 questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Micro environment is also known as operating environment of business.Reason (R): Micro environment forces have a direct bearing on the operations of the firm.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 questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Micro environment is also known as operating environment of business.Reason (R): Micro environment forces have a direct bearing on the operations of the firm.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?.
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Micro environment is also known as operating environment of business.Reason (R): Micro environment forces have a direct bearing on the operations of the firm.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 questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Micro environment is also known as operating environment of business.Reason (R): Micro environment forces have a direct bearing on the operations of the firm.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 questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Micro environment is also known as operating environment of business.Reason (R): Micro environment forces have a direct bearing on the operations of the firm.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?.
Solutions for Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Micro environment is also known as operating environment of business.Reason (R): Micro environment forces have a direct bearing on the operations of the firm.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? in English & in Hindi are available as part of our courses for Commerce.
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ample number of questions to practice Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements, which one of the following is correct?Assertion (A): Micro environment is also known as operating environment of business.Reason (R): Micro environment forces have a direct bearing on the operations of the firm.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? tests, examples and also practice Commerce tests.
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