Question : Assertion: Strategy involves the allocation of resources to achieve organizational goals.
Reason: Strategy does not involve resource allocation.
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 strategy involves the allocation of resources to achieve organizational goals is correct. Strategy often involves making decisions about how to allocate various resources, such as financial, human, and technological resources, to achieve specific objectives and goals.
The reason stating that strategy does not involve resource allocation is false. Resource allocation is an integral part of strategic planning and decision-making. Effective strategy requires the thoughtful allocation of resources to pursue the chosen course of action.