| Assertion [A] Entry of new firms in the market may make an enterprise think afresh about how to deal with the situations. |
| Reason [R] Business environment assist in planning and policy formulation. |
A) Both Assertion [A] and Reason [R] are true and Reason [R] is the correct explanation of Assertion [A]
B) Both Assertion [A] and Reason [R] are true but Reason [R] is not the correct explanation of Assertion [A]
C) Assertion [A] is true but Reason [R] is false
D) Assertion [A] is false but Reason [R] is true.
Correct Answer: A
Solution :
[a]
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