Directions: The question given below consists of a passage, followed by three arguments I, II and III. You have to decide which of the arguments is/are 'strong' arguments and which of the arguments are 'weak' arguments and accordingly choose your answer from the alternatives given below each question.

Passage: Recently the management of a listed company XYZ Ltd decided to reduce the fixed salary component of its employees and increase the share of Employee stock options(ESOPs) in their salary. This will be implemented throughout the rank and file of the company staff, including menial workers. The company wants to ensure greater employee participation through this move.

Is this a good move by XYZ Ltd?

Arguments:

I. Yes. Being a shareholder of the company makes employees work towards increasing the profits of the company.

II. No. Menial workers are not doing jobs that command management expertise and fixed salary is the main source of their livelihood.

III. Yes. This will drive up the share prices of XYZ Ltd in the share market as more employees will purchase shares in the market.