There are two statements marked as Assertion (A) and Reason (R). Mark your answer as per the options given below.
Assertion (A): Internal analysis carried out by management is more detailed, extensive, and correct.
Reason (R): Management has access to all the information relating to the organisation.
Answer & explanation
Correct answer: option 1
An Internal Analysis is the process of an organization examining its internal components to assess its resources, assets, characteristics, competencies, capabilities, and competitive advantages. This helps management during the decision-making, strategy formulation, and execution processes by identifying the organization's strengths and weaknesses.