Question : Assertion: Strategies are developed at the operational level of an organization.
Reason: Strategies are primarily formulated by top-level management.
Option 1:
Both assertion and reason are correct, and the reason is a correct explanation.
Option 2: Both assertion and reason are correct, and the reason is not correct explanation.
Option 3: Assertion is false, but the reason is correct.
Option 4: Assertion is correct, but the reason is false.
Correct Answer: Assertion is correct, but the reason is false.
Solution : The correct answer is: (d) Assertion is correct, but the reason is false.
The assertion that strategies are developed at the operational level of an organization is false. Strategies are typically formulated at the strategic or top-level management. Operational level management is more focused on the implementation of strategies rather than their formulation.
The reason stating that strategies are primarily formulated by top-level management is correct. Strategic decisions, including the development of organizational strategies, are generally the responsibility of top-level management.
Therefore, the assertion is correct, but the reason is false.