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.
Question : Assertion: A strategy provides a comprehensive plan for achieving organizational goals.
Reason: Strategies are limited to short-term objectives.
Question : Assertion: Strategy involves the determination of long-term objectives.
Reason: Strategies are developed to achieve specific short-term goals.
Question : Assertion: Budgets help in allocating resources in a planned manner.
Reason: Budgets are related to resource allocation.
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: Budgeting helps in controlling expenditures.
Reason: Budgeting does not involve any control measures.
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