Assertion (A): Management must adapt to change. Reason (R): Technology, competition and social expectations do not remain fixed.

For the following practice assertion–reason questions, choose: (A) Both A and R are true, and R correctly explains A. (B) Both are true, but R does not correctly explain A. (C) A is true, but R is false. (D) A is false, but R is true.

Answer – (A) Both are true; environmental change explains the dynamic nature of management.