Question : Assertion: Planning is the most fundamental function of management.
Reason: It lays the foundation for all other management functions and helps in achieving 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.
Planning is indeed considered the most fundamental function of management. The reason provided is also correct because planning does lay the foundation for all other management functions and is essential for achieving organizational objectives. The reason effectively explains why planning is considered the most fundamental function of management.
