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Statement: Consumer is the focal point of economic liberalisation, globalisation and reforms. Any manufacturing activity or service to succeed has to satisfy him. Assumptions: I. Very few companies are concerned with consumer satisfaction. II. Consumer satisfaction is best investment in a competitive economy.

if only assumption I is implicit.
if only assumption II is implicit.
if either I or II is implicit.
if neither I nor II is implicit.

Correct Answer: if only assumption II is implicit.

Explanation:

II is definitely an assumption. But nothing about the policies of different companies can be found out from the statement.

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