E-PolyLearning

Discussion Forum

Que. Statement: The company has decided 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 this decision.
II. The buyers may continue to buy its products even after the increase.
III. The company has adequate resources to continue production for few more months.
a. Only I and III are implicit
b. Only II is implicit
c. Only II and III are implicit
d. None is implicit
Correct Answer:Only I and III are implicit
Confused About the Answer? Ask fellow aspirants for Details Here
Already Know Explanation? Add it Here to help others.

More Questions Like this:



View All Questions on: Statement and Assumption