| Direction: 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] Competition in the market can upset financial plans. |
| Reason [R] Planning leads to rigidity. |
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
Correct Answer: B
Solution :
Business environment is dynamic and planning does not work in dynamic environment.
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