Given below are two statements one is labelled as Assertion (A) and the other is labelled as (R).
Assertion (A): The planning function of management focuses only on setting long-term objectives.
Reason (R): Planning involves not just setting long-term goals but also developing specific steps to achieve both short-term and long-term objectives.
In light of the above statements,choose the correct answer from the options given below

1
 Both assertion and reason are true, and reason is the correct explanation of assertion.
2
Both assertion and reason are true, but reason is not the correct explanation of assertion.
3
Assertion is true, but reason is false.
4
 Assertion is false, but reason is true.

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