Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Management and Human Resource Management
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer using the code given below.
Assertion (A): The stakeholder model can be used as a tool for managers, who are asked to handle the stakeholders relations as a guide to achieve ultimate goals.
Reason (R): Corporation is an economic institution which has a social service as well as a profit making function while shareholder control is similar to Adam Smith's 'invisible hand' argument.
1
Both (A) and (R) are correct and (R) is the right explanation of (A).
2
Both (A) and (R) are correct, but (R) is not the right explanation of (A).
3
(A) is correct, but (R) is incorrect.
4
Both (A) and (R) are incorrect.