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0. Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer using the code given below. Assertion (A): The stakeholder model can be used as a tool for managers, who are asked to handle the stakeholder's relations as a guide to achieve ultimate goals. Reason (R): Corporation is an economic institution which has a social service as well as a profit-making function while shareholder control is similar to Adam Smith’s ‘invisible hand’ argument.
Both (A) and (R) are correct and (R) is the right explanation of (A).
Both (A) and (R) are correct, but (R) is not the right explanation of (A).
(A) is correct, but (R) is incorrect.
Both (A) and (R) are incorrect.
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