Assertion (A): Profit maximization, as an objective is too narrow. Reason (R): It ignores the timing of returns and also fails to take into account the social considerations as also the obligations to various interests of workers, consumers, society, ethical trade practices.

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Question:Assertion (A): Profit maximization, as an objective is too narrow. Reason (R): It ignores the timing of returns and also fails to take into account the social considerations as also the obligations to various interests of workers, consumers, society, ethical trade practices.

1.Both A and R are true and R is the correct explanation of A.

2.Both A and R are true but R is not the correct explanation of A

3.A is true but R is false

4. A is false but R is true

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  1. Assertion (A): Profit maximization, as an objective is too narrow. Reason (R): It ignores the timing of returns and also fails to take into account the social considerations as also the obligations to various interests of workers, consumers, society, ethical trade practices.
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