Question

Given below are two statements:
Statement (I): Institutional uncertainty is arising out of conditions of tenure, availability of credit and repayment problems, etc.
Statement (II): Decision-making is the hub of the managerial process as it provides related answers to the questions of what, how to and how much to produce?
In light of the above statements, choose the most appropriate answer from the options given below.

• A. Both Statement (I) and Statement (II) are true.
• B. Both Statement (I) and Statement (II) are false.
• C. Statement (I) is true but Statement (II) is false.
• D. Statement (I) is false but Statement (II) is true.

Hint:

Institutional risk differs from market or price risk.
Market risk deals with fluctuating prices, while institutional risk involves rules, regulations, credit availability, and land tenure.

Answer 1

The Correct Option is A