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Directions: There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given below
Assertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.
Reason (R): Business environment assist in planning and policy formulation.
Reason (R): Business environment assist in planning and policy formulation.
- a)Both Assertion (A) and Reason (R) are true and Reason(R)isthe correct explanation of Assertion (A)
- b)Both Assertion (A) and Reason (R)are true but Reason (R) is not the correct explanation of Assertion (A)
- c)Assertion (A) is true but Reason(R)isfalse
- d)Assertion(A)isfalse but Reason(R)istrue
Correct answer is option 'A'. Can you explain this answer?
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Most Upvoted Answer
Directions:There are two statements marked as Assertion (A) and Reason...
Explanation:
Assertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.
Reason (R): Business environment assist in planning and policy formulation.
The given Assertion (A) and Reason (R) are both true statements. However, Reason (R) is the correct explanation of Assertion (A). The explanation is given below:
Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations:
When a new firm enters the market, it brings in new ideas, technologies, and strategies. This may affect the existing firms in the market, making them rethink their existing policies, strategies, and operations. The entry of new firms may also lead to increased competition and may force the existing firms to innovate and improve their products and services. Thus, the entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.
Business environment assist in planning and policy formulation:
The business environment comprises various factors such as economic, social, political, and technological factors that affect the functioning of the enterprise. Understanding the business environment is crucial for an enterprise to plan its strategies and policies. A favorable business environment may provide opportunities for the enterprise to grow and expand, while an unfavorable business environment may pose challenges and threats to the enterprise. Thus, the business environment assists in planning and policy formulation.
Conclusion:
Therefore, both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A). Option (a) is the correct answer.
Assertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.
Reason (R): Business environment assist in planning and policy formulation.
The given Assertion (A) and Reason (R) are both true statements. However, Reason (R) is the correct explanation of Assertion (A). The explanation is given below:
Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations:
When a new firm enters the market, it brings in new ideas, technologies, and strategies. This may affect the existing firms in the market, making them rethink their existing policies, strategies, and operations. The entry of new firms may also lead to increased competition and may force the existing firms to innovate and improve their products and services. Thus, the entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.
Business environment assist in planning and policy formulation:
The business environment comprises various factors such as economic, social, political, and technological factors that affect the functioning of the enterprise. Understanding the business environment is crucial for an enterprise to plan its strategies and policies. A favorable business environment may provide opportunities for the enterprise to grow and expand, while an unfavorable business environment may pose challenges and threats to the enterprise. Thus, the business environment assists in planning and policy formulation.
Conclusion:
Therefore, both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A). Option (a) is the correct answer.
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Directions:There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given belowAssertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.Reason (R): Business environment assist in planning and policy formulation.a)Both Assertion (A) and Reason (R) are true and Reason(R)isthe correct explanation of Assertion (A)b)Both Assertion (A) and Reason (R)are true but Reason (R) is not the correct explanation of Assertion (A)c)Assertion (A) is true but Reason(R)isfalsed)Assertion(A)isfalse but Reason(R)istrueCorrect answer is option 'A'. Can you explain this answer?
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Directions:There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given belowAssertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.Reason (R): Business environment assist in planning and policy formulation.a)Both Assertion (A) and Reason (R) are true and Reason(R)isthe correct explanation of Assertion (A)b)Both Assertion (A) and Reason (R)are true but Reason (R) is not the correct explanation of Assertion (A)c)Assertion (A) is true but Reason(R)isfalsed)Assertion(A)isfalse but Reason(R)istrueCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Directions:There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given belowAssertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.Reason (R): Business environment assist in planning and policy formulation.a)Both Assertion (A) and Reason (R) are true and Reason(R)isthe correct explanation of Assertion (A)b)Both Assertion (A) and Reason (R)are true but Reason (R) is not the correct explanation of Assertion (A)c)Assertion (A) is true but Reason(R)isfalsed)Assertion(A)isfalse but Reason(R)istrueCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions:There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given belowAssertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.Reason (R): Business environment assist in planning and policy formulation.a)Both Assertion (A) and Reason (R) are true and Reason(R)isthe correct explanation of Assertion (A)b)Both Assertion (A) and Reason (R)are true but Reason (R) is not the correct explanation of Assertion (A)c)Assertion (A) is true but Reason(R)isfalsed)Assertion(A)isfalse but Reason(R)istrueCorrect answer is option 'A'. Can you explain this answer?.
Directions:There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given belowAssertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.Reason (R): Business environment assist in planning and policy formulation.a)Both Assertion (A) and Reason (R) are true and Reason(R)isthe correct explanation of Assertion (A)b)Both Assertion (A) and Reason (R)are true but Reason (R) is not the correct explanation of Assertion (A)c)Assertion (A) is true but Reason(R)isfalsed)Assertion(A)isfalse but Reason(R)istrueCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Directions:There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given belowAssertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.Reason (R): Business environment assist in planning and policy formulation.a)Both Assertion (A) and Reason (R) are true and Reason(R)isthe correct explanation of Assertion (A)b)Both Assertion (A) and Reason (R)are true but Reason (R) is not the correct explanation of Assertion (A)c)Assertion (A) is true but Reason(R)isfalsed)Assertion(A)isfalse but Reason(R)istrueCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions:There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given belowAssertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.Reason (R): Business environment assist in planning and policy formulation.a)Both Assertion (A) and Reason (R) are true and Reason(R)isthe correct explanation of Assertion (A)b)Both Assertion (A) and Reason (R)are true but Reason (R) is not the correct explanation of Assertion (A)c)Assertion (A) is true but Reason(R)isfalsed)Assertion(A)isfalse but Reason(R)istrueCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Directions:There are two statements marked as Assertion (A) and Reason (R). Read the statements and choose the appropriate option from the options given belowAssertion (A): Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations.Reason (R): Business environment assist in planning and policy formulation.a)Both Assertion (A) and Reason (R) are true and Reason(R)isthe correct explanation of Assertion (A)b)Both Assertion (A) and Reason (R)are true but Reason (R) is not the correct explanation of Assertion (A)c)Assertion (A) is true but Reason(R)isfalsed)Assertion(A)isfalse but Reason(R)istrueCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12.
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