IPMAT Indore > Verbal Ability > Conversation Analysis PYQs

the slow, gradual growth and morphing of established companies.

the rapid and frequent changes in leadership and market position within an industry.

the never-changing reliance on established and unchanging business practices.

the stability and predictability of traditional industries.

specific companies that are considered to be powerful competitors.

government regulations that control business competition.

physical locations where businesses compete.

broad categories of industries where companies engage in competitive activities.

are characterized by rapid and frequent changes.

exhibit high levels of market capitalization growth.

operate under traditional economic principles.

are primarily focused on technological innovation.

Volatility of market leadership.

Churn within the arena of competition.

Overall profitability of traditional industries.

Relative change within an industry.

a slower rate of market capitalization growth.

a higher concentration of economic profit and research and development.

a reliance on traditional economic rules and practices.

lower research and development spending.

The global economy is shifting back towards traditional industries, as they offer more stable returns.

Newer, dynamic industries, termed "wizards," are experiencing significantly greater growth and profit compared to traditional industries.

Traditional industries are consistently more profitable than newer, "wizard-ish" industries.

The terms "wizard" and "muggle" are used to describe the magical elements of business success.