Question : Assertion: Strategy is a course of action designed to achieve a specific objective.

Reason: Strategies are always short-term in nature.

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.

Question : Assertion: A strategy provides a competitive advantage to an organization.

Reason: Strategies are always disclosed to competitors.

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.

Question : Assertion: Strategies are developed at the operational level of an organization.

Reason: Strategies are primarily formulated by top-level management.

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.

Question : Assertion: Strategies are formulated at all levels of an organization.

Reason: Strategies are primarily formulated by top-level management.

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.

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.

Question : Assertion: A strategy does not provides a roadmap for achieving long-term objectives.

Reason: Strategies are only applicable for short-term goals.

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.