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In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Kalyan Jewellers has chalked out an aggressive expansion plan to double its retail stores to 250 in India and abroad as well as the turnover to Rs. 25,000 crore over the next five years.The Kerala-based jeweller currently operates 100 stores in the country and 32 overseas with a turnover of Rs. 10,500 crore in the 2017-18 fiscal year. Courses of action: I. The company is targeting to reach 250 stores in the next five years and investments will be met through internal accruals.  II. The company is expanding its retail network aggressively. In this fiscal, it earmarked Rs. 1,000 crore to open new stores. Already, Rs. 600 crore has been spent to launch 10 stores in the first of this fiscal and the remaining Rs. 400 crore will go towards adding 9-10 more stores by March 2019. III. The company is ‘hyper-local’ in nature and jewellery designs sold in each store keeps in mind the taste and traditions of the local region.

In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Kalyan Jewellers has chalked out an aggressive expansion plan to double its retail stores to 250 in India and abroad as well as the turnover to Rs. 25,000 crore over the next five years.The Kerala-based jeweller currently operates 100 stores in the country and 32 overseas with a turnover of Rs. 10,500 crore in the 2017-18 fiscal year. Courses of action: I. The company is targeting to reach 250 stores in the next five years and investments will be met through internal accruals.  II. The company is expanding its retail network aggressively. In this fiscal, it earmarked Rs. 1,000 crore to open new stores. Already, Rs. 600 crore has been spent to launch 10 stores in the first of this fiscal and the remaining Rs. 400 crore will go towards adding 9-10 more stores by March 2019. III. The company is ‘hyper-local’ in nature and jewellery designs sold in each store keeps in mind the taste and traditions of the local region. Correct Answer Neither II nor III follows

A course of action is something that needs to be done considering the present scenario in mind.

The given statement is about Kalyan Jewellers planning to expand its business and the strategies that must be followed in this regard will form the appropriate courses of action.

From the courses of actions discussed, the following inferences can be made:

Course of action (I) is about the plans of the company to open 250 stores via internal accruals, thereby gives a glimpse of an action that might help in achieving the said outcome.

Course of action (II) brings out the general facts about expansion but the means to achieve it is not stated.

Course of action (III) states general facts regarding the company and does not cover any course of action, thus can be rejected.

Since, only I is appropriate thus, the correct answer choice is option 3.

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