Question

1 point 1. Assertion (A) Obsessed with profit, business managers may neglect all other responsibilities towards customers, employees, investors and society at large. Reason (R) There is hardly any sizable business enterprise whose only objective is maximisation of profit * O Both the Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A) o Both the Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A) Assertion (A) is true, but Reason (R) is false Assertion (A) is false, but Reason (R) is true or remained the reason for rivalry and 1 point
​

Answer 1

Answer:

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

Explanation:

Please mark this answer as brainliest.

Answer 2

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

• Customers, workers, investors, and society as a whole may suffer as a result of corporate managers' obsession with profit.
• They may even be tempted to take advantage of various aspects of society in order to make quick funds. This may result in the affected people refusing to cooperate or even opposing the corporate enterprise's malpractices.
• The businesses may see a drop in revenue and be unable to make a profit. As a result, there are few large businesses whose sole goal is profit maximisation.