Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :
Statement : 'Tender specification will not be issued to the firms where there is 25% or more default in supplies against earlier purchase orders placed on them' - Condition of a Company X inviting tenders for the purchase of material.
Assumptions :
I. The Company X will be watching the quality of performance of its suppliers.
II. This time the firms should keep the percentage of default as less as possible.
III. The Company X expects quality and professional approach from its suppliers.