Question : Assertion: Principles of management are fundamental concepts for effective organizational functioning.
Reason: Principles of management provide guidelines for decision-making and coordination.
Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Option 2: Both are correct, but the reason is not the correct explanation.
Option 3: The assertion is correct, the reason is incorrect.
Option 4: The assertion is incorrect, the reason is correct.
Correct Answer: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
The assertion is correct because principles of management indeed form the fundamental concepts that guide the functioning of an organization.
The reason is correct because principles of management do provide guidelines for decision-making and coordination, helping organizations operate effectively and efficiently.