Question : Assertion: Objectives are formulated based on the organization's mission and vision.
Reason: Objectives have no relation to the organization's mission and vision.
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 objectives are formulated based on the organization's mission and vision is correct. Objectives are typically aligned with the broader mission and vision statements of an organization, ensuring that the actions and goals set at different levels support the overall strategic direction.
The reason stating that objectives have no relation to the organization's mission and vision is false. Objectives are, in fact, derived from and linked to the mission and vision. They serve as specific, measurable steps toward achieving the organization's broader purpose and long-term aspirations.
Question : Case Study: LMN Ventures - Financing Innovation and Research
LMN Ventures is a research-driven technology company aiming to innovate and develop cutting-edge products. The company is exploring various sources of business finance to support its research and development endeavors.
Question: Debentures and Financial Instruments
What does the term "redeemable" mean in relation to debentures?
Option 1: The company has the option to buy back the debentures
Option 2: The debentures can be converted into equity shares
Option 3: The company can defer interest payments on debentures
Option 4: The company must pay a fixed interest rate
Question : When xm is multiplied by xn product is 1. The relation between m and n is:
Option 1: mn = 1
Option 2: m = n
Option 3: m + n = 1
Option 4: m = – n
Question : Case Study: PQR Enterprises - Funding Strategies for Diversification
PQR Enterprises is a well-established conglomerate planning to diversify its business operations. The company is evaluating various sources of business finance to support its diversification plans.
Questions : Debentures and Financial Instruments
What does the term "callable" mean in relation to debentures?
Option 1: The company can choose to extend the maturity date
Option 2: The company has the option to buy back the debentures
Option 3: The debentures can be converted into equity shares
Option 4: The debentures are secured by company assets
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