Assertion (A): The organizational environment consists of both internal and external factors that influence a company’s operations.Reason (R): Internal factors include company policies, management style, and resources, while external factors include customers, suppliers, competitors, and legal trends.

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Assertion (A): The organizational environment consists of both internal and external factors that influence a company’s operations.
Reason (R): Internal factors include company policies, management style, and resources, while external factors include customers, suppliers, competitors, and legal trends.

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

BBoth Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).

CAssertion (A) is true but Reason (R) is false.

DAssertion (A) is false but Reason (R) is true.

Answer:

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

Read Explanation:

Both statements correctly state the organizational environment’s structure and the specific internal and external factors, with the reason fully explaining the assertion.

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Related Questions:

Select the correct statements about internal environment factors:

i. Company image and reputation affect the organization’s ability to secure finance and partnerships.
ii. Management approach and organizational structure do not influence company performance.
iii. Physical resources like production capacity and machinery are internal factors affecting a business.
iv. Financial health and capital structure are external factors.

Identify the true statements about business environment features:

i. The business environment is unique for every company.
ii. The business environment remains constant over time.
iii. External trends like technological advancement require business adaptation.
iv. Complexity and uncertainty in the environment demand proactive business strategies.

Which of the following are components of the macro environment?

i. Political factors like government stability
ii. Competitors and suppliers
iii. Social and cultural trends
iv. Intermediaries like distributors and retailers

Examine the following statements related to the administration and key projects of Kerala Tourism:

I. Kerala, being the first state to declare tourism an industry, has its tourism growth evidenced by community-based responsible tourism initiatives, a focus also highlighted by the 14th Five Year Plan.

II. The Kerala Tourism Development Corporation (KTDC) is headquartered in Thiruvananthapuram, and its founding in 1966 makes it older than the official recognition of tourism as an industry (1986).

III. The Vasantholsavam program is a key part of the 14th Five Year Plan's thrust on skill development and promotion of responsible tourism.

Which of the statements given above is/are correct?

KSLMA is working to enroll people in 10th and Higher Secondary Equivalency courses. The Higher Secondary Equivalency course is equivalent to which of the following?