There are two statements marked as Assertion (A) and Reason (R). Mark your answer as per the options given below.

Assertion: Management is a universal term used for certain functions performed by individuals in an enterprise who are bound together in a hierarchy of relationships.
Reasoning: To be able to fulfill that responsibility he is assigned a certain amount of accountability or the right to take a decision. 

Assertion (A) is true but Reasoning (R) is not correct.

Management is a universal term used for certain functions performed by individuals in an enterprise who are bound together in a hierarchy of relationships. Every individual in the hierarchy is responsible for successful completion of a particular task. To be able to fulfill that responsibility he is assigned a certain amount of authority or the right to take a decision. This authority-responsibility relationship binds individuals as superiors and subordinates and gives rise to different levels in an organisation.