Direction: In each of the question given below a statement is given that is followed by three courses of actions numbered I, II, and III. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy etc. On the basis of information given in the statement, you have to assume everything in the statement to be true, Then, decide which of the three given suggested course (s) of action logically follow (s) worth pursuing ? Then, decide which of the alternatives (a), (b), (c) or (d) is correct ?
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Statement
The company has decide to increase the price of all its products to tackle the precarious financial position.
Assumptions
I. The company may be able to wipe out the entire losses incurred earlier by the decision.
II. The buyer may continue to buy its products even after the increase.
III. The company has adequate resources to continue production for few more months.
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- Only II is implicit
- II and III are implicit
- I and II are implicit
- None is implicit
Correct Option: D
According to statement and given assumptions, we can say none of the given assumptions is implicit .