Assertion (A): Scanning is the process of analysing the environment for identifying the factors which have an impact on the business.

Reasoning (R): Because analysis of external environment enables a business to identify its strengths and weaknesses.

1
Both (A) and (R) are correct
2
(A) is correct and (R) is incorrect
3
Both (A) and (R) are incorrect
4
(A) is incorrect and (R) is correct

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