Question : Assertion: Management is necessary in all types and sizes of organizations.
Reason: It ensures effective utilization of resources and achievement of objectives.
Option 1: Both assertion and reason are correct, and the reason explains the assertion.
Option 2: Both assertion and reason are incorrect.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Option 5: Both assertion and reason are correct, and the reason is not the correct explanation of the assertion.
Correct Answer:
Both assertion and reason are correct, and the reason explains the assertion.
Solution : The correct answer is (a) Both assertion and reason are correct, and the reason explains the assertion.
The assertion that "Management is necessary in all types and sizes of organizations" is correct. Management is a fundamental function required in all organizations to help plan, organize, coordinate, and control activities to achieve objectives.
The reason provided is also correct. Management ensures the effective utilization of resources and the achievement of objectives, which is a key role of management in any organization. The reason effectively explains the assertion by highlighting why management is necessary in all types and sizes of organizations – because it is essential for resource utilization and goal attainment. Therefore, both the assertion and the reason are correct, and the reason explains the assertion.