SECOND QUARTER TEST PART 2 IN ENGLISH - 9

It is well-documented in the literature on industry dynamism.

• ambiguity

• complexity

• uncertainty

• volatility

It is a state or quality of being intricate or complicated.

• complexity

• disruption

• flux

• hyper-competition

The quality of being characterized by vigorous activity or progress.

• complexity

• dynamism

• hyper-competition

• turbulence

This is the action or process of flowing and flowing out.

• dynamism

• flux

• high velocity

• market

This is gaining popularity as a term to cover the various dimensions of this ‘uncontrollable’ environment.

• CAVU

• CUVA

• VACU

• VUCA

It happens very quickly.

• flux

• rapid change

• turbulence

• uncertainty

This means conflict or confusion.

• complexity

• flux

• turbulence

• uncertainty

This is a regular fathering of people for the purchase and sale of provisions, livestock, and other commodities.

• disruption

• dynamism

• flux

• market

This means operating at high speed.

• flux

• high velocity

• turbulence

• rapid change

A situation of extreme competition, where companies must try even harder than usual to have better products, sell more, etc.

• dynamism

• hyper-competition

• market

• rapid change