Assertion (A): The function of entrepreneurs is to reform or revolutionise the pattern of production by exploiting an invention or, more generally, an untried technological possibility for producing a new commodity or producing an old one in a new way. Reasoning (R): Lack of innovations will usually reduce the life span of a product and/ or service. Code:

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The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
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International Business
Entrepreneurship Development


Assertion (A): The function of entrepreneurs is to reform or revolutionise the pattern of production by exploiting an invention or, more generally, an untried technological possibility for producing a new commodity or producing an old one in a new way. <br /> Reasoning (R): Lack of innovations will usually reduce the life span of a product and/ or service.<br /> <em>Code:</em>