Question : Assertion: The management principles used in a manufacturing company may not apply to a service-based organization.
Reason: Different industries have unique requirements and challenges, necessitating different management approaches.
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 "The management principles used in a manufacturing company may not apply to a service-based organization" is correct. Different industries often have distinct characteristics and requirements, so management principles may need to be adapted to suit the specific nature of the industry.
The reason provided is also correct. Different industries indeed have unique requirements and challenges, which can necessitate different management approaches to address these specific needs effectively.