Question
Download Solution PDFDirections: In each question below is given a statement followed by two assumptions numbered I and II. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.
Statement: Over the past six months, a well-known supermarket chain has reported a decline in foot traffic, while a newly launched online grocery platform has seen a sharp increase in daily orders
Assumptions:
I. The online grocery platform offers better discounts and promotions compared to the supermarket.
II. Customers prefer the convenience of home delivery over visiting physical stores.
- Only assumption I is implicit.
- Only assumption II is implicit.
- Both conclusion I and II implicit.
- Either I or II is implicit.
- None is implicit.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven Statement: Over the past six months, a well-known supermarket chain has reported a decline in foot traffic, while a newly launched online grocery platform has seen a sharp increase in daily orders
Given assumptions:
I. The online grocery platform offers better discounts and promotions compared to the supermarket. → Implicit
As price competition is a common reason for customer shifts, and online platforms often attract users with discounts and promotions.
II. Customers prefer the convenience of home delivery over visiting physical stores. → Implicit
As convenience is a major factor driving the popularity of online grocery shopping.
Thus, Both conclusion I and II implicit.
Hence, "Option 3" is the correct answer.