Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Management of a business is required to remain highly cautious, alert, and adaptable.
Reason (R): The Business Environment is dynamic in nature.

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A), as Business environment is dynamic in nature so management is required to be cautious, alert and adaptable.