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Assertion (A): Self-generated goodwill is the internally generated or hard-earned goodwill. Reason (R): It arises due to continued hard work of the organization, its better-quality products, etc.
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion
b) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation
of Assertion c) Assertion (A) is false, but Reason (R) is true d) Assertion (A) is true, but Reason (R) is false?
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Assertion (A): Self-generated goodwill is the internally generated or ...
Assertion (A) and Reason (R) Evaluation:

Assertion (A):
Self-generated goodwill is the internally generated or hard-earned goodwill.

Reason (R):
It arises due to continued hard work of the organization, its better-quality products, etc.

Evaluation:
In this case, both Assertion (A) and Reason (R) are true. Self-generated goodwill refers to the goodwill that a company builds through its own efforts, such as providing quality products, excellent customer service, and maintaining a good reputation in the market. This is in contrast to purchased goodwill, which is acquired through buying another company. The Reason provided also correctly explains that self-generated goodwill is a result of the organization's continuous hard work and dedication to producing high-quality products and services. Therefore, the correct answer is:
a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion
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Assertion (A): Self-generated goodwill is the internally generated or hard-earned goodwill. Reason (R): It arises due to continued hard work of the organization, its better-quality products, etc.a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertionb) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanationof Assertion c) Assertion (A) is false, but Reason (R) is true d) Assertion (A) is true, but Reason (R) is false?
Question Description
Assertion (A): Self-generated goodwill is the internally generated or hard-earned goodwill. Reason (R): It arises due to continued hard work of the organization, its better-quality products, etc.a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertionb) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanationof Assertion c) Assertion (A) is false, but Reason (R) is true d) Assertion (A) is true, but Reason (R) is false? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Assertion (A): Self-generated goodwill is the internally generated or hard-earned goodwill. Reason (R): It arises due to continued hard work of the organization, its better-quality products, etc.a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertionb) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanationof Assertion c) Assertion (A) is false, but Reason (R) is true d) Assertion (A) is true, but Reason (R) is false? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assertion (A): Self-generated goodwill is the internally generated or hard-earned goodwill. Reason (R): It arises due to continued hard work of the organization, its better-quality products, etc.a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertionb) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanationof Assertion c) Assertion (A) is false, but Reason (R) is true d) Assertion (A) is true, but Reason (R) is false?.
Solutions for Assertion (A): Self-generated goodwill is the internally generated or hard-earned goodwill. Reason (R): It arises due to continued hard work of the organization, its better-quality products, etc.a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertionb) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanationof Assertion c) Assertion (A) is false, but Reason (R) is true d) Assertion (A) is true, but Reason (R) is false? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
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