Question : Assertion: The nature of management is universal.
Reason: The principles and techniques of management can be applied in all types of organizations.
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 nature of management is universal" is correct. Management principles and concepts are generally applicable across different types of organizations and industries.
The reason provided is also correct. The principles and techniques of management can indeed be applied in all types of organizations, whether they are for-profit businesses, non-profit organizations, government agencies, or other entities. The universality of management principles allows them to be adapted to various contexts.