In given question statement followed by two courses of action numbers I, II and III. You have to assume everything in the statement to be true and on the basis of the information given in the statement, decide which of the suggested courses of action logically follows (s) for pursuing.
Give answer
(a) if only I follows,
(b) if only II follows,
(c) if either I or II follows,
(d) if neither I nor II follows and
(e) if both I and II follow.
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.

Explanation

(a) if only I follows,