Discussion

Explanation:

Statement 1 as a course of action is out of question, given that Ajay has been mentioned as being concerned about the well-being of his company. Eliminate options 1, 3 and 4.
The only difference between options 2 and 5 is that option 2 gives benchmarking the performance of the company with the best in the industry priority, while option 5 does not. Given that Ajay wants to set the situation straight within the next five years, statement 3 should be one of his first priorities.
Hence, the correct answer is option 2.

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