Correct Answer: Both assertion and reason are true and reason is correct explanation of assertion

Solution : Technological environment includes forces related to scientific improvements and innovations which provide new ways of producing goods and services and new way of operating business. It includes Shift in demand from propeller airplances to jets and from typewriters to computers based word processors have all been responsible in creating new business.
Hence, option 1 is the correct answer.

Correct Answer: Quantity of the commodity demanded at a specific price and at a specific time

Solution : Commodity demand refers to the quantity of the commodity demanded at a specific price and at a specific time.
It means the total amount of a good or service that consumers demand over a given period of time. Quantity demanded depends on the price of a good or service in a marketplace.
Hence option c is the correct answer.

Correct Answer: Hyperinflation

Solution : Correct Option: Option 1

Explanation: One of the major economic challenges faced by Russia in the post-Soviet era was hyperinflation, which eroded savings and destabilized the economy during the transition to a market system.

Correct Answer: Operating Activities

Solution : Answer = Operating Activities

The payment of cash to acquire shares of another company by a trading company would be classified as investing activities in the Cash Flow Statement. This is because it involves the acquisition of assets for investment purposes, which falls under investing activities.
Hence, the correct option is 1.

Correct Answer:  Zero

Solution : The demand for necessities is typically inelastic.
The elasticity of demand for necessities is zero while luxury goods tend to be most elastic.
Hence B is the correct answer.
 

Correct Answer: Method 

Solution : Method can be defined as formalised or systematic way of doing routine or repetitive jobs. There is no doubt in the minds of employees. Act as guide for employees, No fines or penalty for violation is charged under method.
Hence, option 3 is the correct answer.

Correct Answer: Personalized Communication

Solution : The correct answer is (d) Personalized Communication.

Personalized Communication involves tailoring the communication and experiences to meet the specific needs, preferences, and interests of individual customers. In this case, XYZ Motors is providing a personalized experience by organizing test drive events, allowing potential customers to interact with the product (the vehicles) directly. This hands-on experience is individualized and caters to the unique preferences and interests of each customer, providing a personalized way to showcase the features and capabilities of the vehicles. It goes beyond generic communication and engages customers on a more personal level, enhancing their understanding and connection with the product.

Correct Answer: Farmers' Movement  
 

Solution : The demand for loan waivers has been a recurring theme in the Farmers' Movement in India, as farmers often face financial hardships due to debt and crop failures.

Correct Answer: All of the above.

Solution : The competencies of entrepreneurship includes

• Persuasion
• Use of influence strategies
• Problem Solving

Hence Option D is correct.

Correct Answer: Assertion is true, but the reason is false.

Solution : The correct answer is (c) Assertion is true, but the reason is false.

This assertion is true. Equity shares have the potential to provide higher returns to shareholders than preference shares because equity shareholders have a greater claim on the company's profits and assets. Additionally, equity shareholders may benefit from capital appreciation if the company's share price increases.

This reason is false. Equity shares carry the most ownership rights of all types of securities. Equity shareholders own a portion of the company and have the right to vote on company decisions.

Therefore, the assertion is true, but the reason is false.