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  1. Only III follows
  2. Neither I nor III follows
  3. Both I and II follows
  4. All except III and II
  5. All I, II and III follow
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1 Answers

Option 2 : Neither I nor III follows

The correct answer is option 2, i.e. Neither I nor III follows, i.e. only II 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 long term investors might apply for the upcoming IPO (Initial public offering) of TCNS Clothing and offers high growth visibility as a result finds funds easily. From the courses of actions stated, both (I) and (III) can be rejected.

Course of action (I) states that TCNS manufacturers, markets and retails a portfolio of its competitor branded apparels and i.e. why is emerging as a high growth company. From it we can infer that it is not something that is required to be done to improve or to strengthen the present scenario. It is something that is already ongoing and is thus, not an appropriate course of action.

Course of action (III) can also be rejected as no facts and figures as such have been mentioned in the given statement. Moreover, it is not a course of action rather it is a general informative statement regarding the other two brands.

Thus, all the course of actions except (II) are irrelevant and can be rejected.
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