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Question
ASSERTION: Stakeholders is a much wider term than shareholders.
REASONING: The term shareholders is used only in connection with a joint stock company, but the term stakeholders is used in connection with all business enterprises
Options
A is true, and R is the correct explanation for A.
A is true, and R is not the correct explanation for A.
A is true, but R is false.
A is false, but R is true.
MCQ
Assertion and Reasoning
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Solution
A is true, and R is the correct explanation for A.
Explanation:
Assertion (A) is true because stakeholders include employees, customers, and communities, while shareholders only own stock. Reasoning (R) is true and correctly explains A because shareholders only exist in joint-stock companies, whereas every business enterprise has stakeholders.
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