Question : Assertion: A strategy provides a comprehensive plan for achieving organizational goals.
Reason: Strategies are limited to short-term objectives.
Option 1:
Both assertion and reason are correct, and the reason is a correct explanation.
Option 2: Both assertion and reason are correct, and the reason is not correct explanation.
Option 3: Assertion is false, but the reason is correct.
Option 4: Assertion is correct, but the reason is false.
Correct Answer: Assertion is correct, but the reason is false.
Solution : The correct answer is (d) Assertion is correct, but the reason is false.
The assertion that a strategy provides a comprehensive plan for achieving organizational goals is correct. A strategy typically involves a comprehensive and coordinated set of actions designed to achieve long-term objectives and goals.
The reason stating that strategies are limited to short-term objectives is false. While short-term objectives may be part of a strategic plan, strategies are generally focused on both short-term and long-term goals. Strategies provide a roadmap for the organization's overall direction and actions over an extended period.
Therefore, the assertion is correct, but the reason is false.
Question : Assertion: A strategy does not provides a roadmap for achieving long-term objectives.
Reason: Strategies are only applicable for short-term goals.
Question : Assertion: Strategy involves the determination of long-term objectives.
Reason: Strategies are developed to achieve specific short-term goals.
Question : Assertion: Strategies are developed at the operational level of an organization.
Reason: Strategies are primarily formulated by top-level management.
Question : Assertion: Strategy involves the allocation of resources to achieve organizational goals.
Reason: Strategy does not involve resource allocation.
Question : Assertion: Objectives are the end results towards which an organization's efforts are directed.
Reason: Objectives are set only for the long term and not for short-term goals.
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