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 following suggested courses of actions logically follow(s) for pursuing. Statement: Chinese smartphone major Xiaomi on Wednesday opened its first company-owned brick-and-mortar Mi Home store in India taking its retail foreign direct investment (FDI) plans to the next stage after started selling directly to consumers from its own app and e-commerce site, mi.com. Courses of action: I. Xiaomi had started direct selling to consumers in India becoming the first major electronics brand to do so through the single brand retail FDI route and moved a step closer to replicate its Chinese sales model of cutting down layers of distribution. II. Xiaomi took advantage of the liberalized single brand retail norms which the government enacted earlier this year allowing companies to open such stores and directly sell to consumers under the automatic route and also offered relaxation in sourcing norms. III. Xiaomi will set up multiple company-owned stores in the country which will be both flagship outlets showcasing the entire range of global products which may not have been launched in India as yet as well as smaller ones.
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 following suggested courses of actions logically follow(s) for pursuing. Statement: Chinese smartphone major Xiaomi on Wednesday opened its first company-owned brick-and-mortar Mi Home store in India taking its retail foreign direct investment (FDI) plans to the next stage after started selling directly to consumers from its own app and e-commerce site, mi.com. Courses of action: I. Xiaomi had started direct selling to consumers in India becoming the first major electronics brand to do so through the single brand retail FDI route and moved a step closer to replicate its Chinese sales model of cutting down layers of distribution. II. Xiaomi took advantage of the liberalized single brand retail norms which the government enacted earlier this year allowing companies to open such stores and directly sell to consumers under the automatic route and also offered relaxation in sourcing norms. III. Xiaomi will set up multiple company-owned stores in the country which will be both flagship outlets showcasing the entire range of global products which may not have been launched in India as yet as well as smaller ones. Correct Answer Only III follows
A course of action is something that needs to be done considering the present scenario in mind. From the statement, it is evident that Xiaomi opened its first company-owned brick-and-mortar Mi Home store in India taking its retail foreign direct investment (FDI) plans to the next stage after started selling directly to consumers from its own app and e-commerce site, mi.com.
From the courses of actions we can easily mark the correct answer choice as a course of action is something that must be done in order to strengthen the statement under consideration and thus, it must be in future tense as then only it will suggest some of the steps that might be followed.
As only Course of action III is in future tense, thus it is the appropriate answer choice. Moreover, it logically strengthens the give statement as it states the fact that in order to improve the direct market selling, Xiaomi will set up multiple company-owned stores in the country.
Course of action I can be rejected as it deals about the past that Xiaomi had started selling directly to the customers. Since, it is already done, it cannot be a course of action. Similarly, Course of action II can also be rejected as it also deals with the past. It states the fact how the idea came into existence and does not provide anything which might be fruitful in order to improve the present scenario.
Thus, the correct answer is option 1 and rest of the options can be rejected.