Which of the following statement is FALSE? (I) Early identification of opportunities does not help an enterprise to exploit opportunities. (II) Identification of possible threats helps in taking corrective measures to survive the competition.
A
Both (I) and (II)
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B
(I) only
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C
Neither (I) nor (II)
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D
(II) only
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Solution
The correct option is B (I) only 'Early identification of opportunities does not help an enterprise to exploit opportunities' is false as a good management, decision making and planning can help the management to identify opportunities at an early stage which helps management in tapping or exploiting new opportunities.