Read the following statements and choose your correct answer.
Assertion: Business environment is highly uncertain and it can be easy to predict.
Reasoning: Business environment keeps on changing. Sometimes there is change in technology and sometimes there is change in preferences of the customers.
Answer & explanation
Correct answer: option 4
Assertion (A) is not true but Reasoning (R) is correct.
Business environment is largely uncertain as it is very difficult to predict future happenings, especially when environment changes are taking place too frequently as in the case of information technology or fashion industries.