- None is strong
- Only I and II are strong
- Only II and III are strong
- Only I and III are strong
- All are strong
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Answer: Option 4
'Hire and fire policy' implies 'taking up the performing employees and discarding the non-performing ones'. Clearly, such a policy would stand out to encourage employees to work hard and devotedly to retain their jobs and thus enhance productivity and profitability of the organizations. So, both arguments I and III hold strong. Argument II seems to be vague in the light of this.
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