Directions: Read the situation given below and also take note of the effects mentioned. Then choose the correct option accordingly.
Macabre Industries produces stoves. From past few years people have not been purchasing stoves as there has been an inflow of inductions and ovens in the market. The company is running in loss because of this.
Effects:
I. Macabre Industries should diversify and start producing ovens.
II. Macabre Industries should keep on producing stoves despite of facing loss.
1
Only I is correct
2
Only II is correct.
3
Neither is correct.
4
Both are correct.