Choose the correct code for the following statements being correct or incorrect
Statement I: An identifiable group of people contributing their efforts towards attainment of goals is called organization
Statement II : In its broadest sense, organization refers to the relationship between the various factors present in a given endeavor.
1
Both the statements I and II are correct.
2
Both the statements I and II are incorrect
3
Statement I is correct, but II is incorrect
4
Statement II is correct, but I is incorrect.