Question : Assertion: Objectives provide direction and purpose to an organization's activities.
Reason: Objectives are formulated for the short term and long term.
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:
Solution : The correct answer is (a) Both assertion and reason are correct, and the reason is a correct explanation.
The assertion is correct as objectives do provide direction and purpose to an organization's activities. The reason is also correct because objectives can indeed be formulated for both the short term and long term. Setting objectives for different time horizons allows organizations to align their activities with varying strategic goals and timeframes.
Question : Assertion: Objectives provide a sense of direction to an organization's activities.
Reason: Objectives have impact on the organization's direction.
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.
Question : Assertion: Strategies are formulated at all levels of an organization.
Reason: Strategies are primarily formulated by top-level management.
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.
Question : Assertion: Objectives help in measuring the progress of an organization.
Reason: Objectives do not provide any benchmark for progress measurement.
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