Question 81

Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R).

Assertion (A): The management of technological innovation is usually required under circumstances with increased vagueness, uncertainty and risk, and companies are giving importance to it.
Reasons (R): Given that technological innovation is for many companies a primary way of competition in the twenty-first century, its management is an activity of vital importance.

In light of the above statements, choose the most appropriate answer from the options given below:

Solution

The assertion (A) notes that managing technological innovation is circumstantially required with increased vagueness, uncertainty, and risk inherent, but companies are still giving importance to it. The reason (R) attempts to explain it by saying that companies have no choice but to manage technological innovation, as it is the primary way of competition for many companies today. Since the reason (R) offers a valid explanation to the assertion (A) by emphasising the importance of managing innovation to companies, the correct answer is option A.

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