Statement: The sale of a particular product has gone down considerably causing great concern to the company.
Courses of Action:
I. The company should make a proper study of rival products in the market.
II. The price of the product should be reduced and quality improved.

Only I follows

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Only II follows

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Either I or II follows

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Neither I nor II follows

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Both I and II follow

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Solution

The correct option is A Only I follows
Company should carry out market research carefully and plan accordingly further marketing strategy and plan to give tough competition to the rival product without reducing quality of the product. they should work on expanding customer base of the product.
Thus, only option I follows.
Hence, Option A is correct.

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Similar questions

Q. Each question below contains a Statement and two Courses of Action I and II. Assuming the statements to be true,decided which of the two suggested Course of Action logically follows, using the Code given below.
Statement : The sale of a particular product has gone down considerably causing great concern to the company.
Course of Action:
I. The company should make a proper study of rival product in the market .
II. The price of the product should be reduced and quality improved.

Statement: The Company X has rejected first lot of values supplied by Company A and has cancelled its entire huge order quoting use of inferior quality material and poor craftsmanship.

Courses of Action:

I. The Company A needs to investigate functioning of its purchase, production and quality control departments.

II. The Company A should inspect all the valves rejected by Company X.

III. The Company A should inform Company X that steps have been taken for improvement and renegotiate schedule of supply

Q. In each question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.
Statements: Company X has marketed the product. Go ahead; purchase it if price and quality are your considerations.
Conclusions:
I. The product must be good in quality.
II. The price of the product must be reasonable.

Q. Q. Statement: The Company Bentley has rejected the first load of valves supplied by Company Mercedes and has cancelled its entire huge order quoting use of inferior quality material and poor craftsmanship.

Assumptions:
(I) The Company Mercedes needs to investigate functioning of its purchase, production and quality control departments.
(II) The Company Mercedes should inspect all the valves rejected by Company Bentley.
(III) The Company Mercedes should inform Company Bentley that steps have been taken for improvement and renegotiate schedule of supply.

Q. Directions: In these questions, relationships between different elements is shown in the statement. The statement is followed by two conclusions, study the conclusions based on the given statement and select the appropriate answer.
Statements:

B > A > S < I > C > L > Y

Conclusions:
I.

B > L

II.

A > Y

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Statement: The sale of a particular product has gone down considerably causing great concern to the company.Courses of Action:I. The company should make a proper study of rival products in the market.II. The price of the product should be reduced and quality improved.

Statement: The sale of a particular product has gone down considerably causing great concern to the company.
Courses of Action:
I. The company should make a proper study of rival products in the market.
II. The price of the product should be reduced and quality improved.