Question

Assertion (A): The business environment is dynamic and requires constant analysis and adaptation by companies.
Reason (R): Technological changes, shifting consumer trends, and regulatory developments all contribute to environmental dynamism.

• A. Both Assertion (A) and Reason (R) are true, and Reason (R) is the 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) is false.
• D. Assertion (A) is false but Reason (R) is true.

Answer 1

Answer:

A. Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).

• Technological and regulatory changes make the environment dynamic, justifying the need for constant analysis and adaptation by businesses.