Given below are two statements :
Statement I: Chester Bernard defined organization as a system of consciously coordinated activities of two or more persons.
Statement II: Chester Bernard supported the viewpoint that man is mainly motivated by economic incentives.
In the light of the above statements, choose the most appropriate answer from the options given below:
1
Both Statement I and Statement II are correct
2
Both Statement I and Statement II are incorrect
3
Statement I is correct but Statement II is incorrect
4
Statement I is incorrect but Statement II is correct