UGC NET Commerce Q66

Question

Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A): In the related diversification, a firm acquires a new business whose value chain possesses competitively valuable cross-business strategic fits.
Reason (R): Related diversification strategies mainly aimed to realise financial, managerial and/or operational synergies.
In the light of the above statements, choose the most appropriate answer from the options given below:

Accepted Answer

Both (A) and (R) are correct and (R) is the correct explanation of (A)