In the question below is given a statement followed by three courses of action numbered I, II, and III. You have to assume the given statement to be true and then decide which of the given suggested courses of action logically follow(s) for pursuing.
Statement: The Company X has rejected the first lot of stop valves supplied by Company A and has canceled its entire huge order, quoting 'poor craftsmanship'.
Courses of Action:
I. Company A needs to investigate functioning of its purchase, production and quality control departments.
II. Company A should inspect all the stop valves rejected by Company X.
III. Company A should intimate Company X that steps have been taken for improvement and to renegotiate the schedule