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Question
Assertion (A): Business environment is dynamic in nature.
Reason (R): It is very difficult to predict future happenings, especially when environment changes are taking place too frequently as in case of IT and fashion industry.
Options
Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is True but Reason (R) is False.
Assertion (A) is False but Reason (R) is True.
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Solution
Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).
Explanation:
The business environment is dynamic because it is constantly changing due to factors like technological advancements and shifting consumer tastes, making it difficult to predict future happenings, particularly in fast-changing sectors like IT and fashion.
