12th Class Business Studies Business Environment Question Bank Assertion - Reason Type Questions

  • question_answer
    Read the following statements - Assertion (A) and Reason (R). Choose one of the correct alternatives given below:
    Assertion (A): Cooperation between business and society will see business boom and will help in the growth of professional managers as well as the country.
    Reason (R): Changes in social environment does not affect the demand for a product, supply of labour and capital.

    A) Both A and R are true and R is the correct explanation of A.

    B) Both A and R are true and 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: C

    Solution :

    [c] A is correct as it is how social environment functions but is not correct because changes in social environment affect the demand for a product, supply of labour and capital


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