Assertion (A): Management is a set of principles relating to its functions.
Reasoning (R): Management is essential to run all types of organizations.

1
(A) and (R) both are correct ; and (R) is the right explanation of (A).
2
(A) and (R) both are correct ; but (R) is not the right explanation (A).
3
Both (A) and (R) are incorrect.
4
(A) is correct ; but (R) is incorrect

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