Consider the following statements:
Assertion (A): Corporate planning deals with the futurity of present decisions in terms of setting goals, developing strategies to achieve them, translating strategies into detailed operational programmes and assuring that plans are carried out.
Reason (R): Corporate planning is essential in large organisations to develop a unified framework in planning and decision making.
Now select your answer

A. Both A and R are true and R is the correct explanation of A

B. Both A and R are true but R is not the correct explanation of A

C. A is true, but R is false

D. A is false, but R is true

Answer: Option A