If the turbulence over a period is defined by the sum of each of the differences (in absolute terms) in number of mergers & acquisitions on a year-on-year basis, then which sector is considered most turbulent for the entire period (2001 - 02 to 2006 - 07)?

Instructions

Read the following information on ‘Sectoral Trends in Mergers & Acquisitions in India (2001-02 to 2006-07)’ given in Tables below and answer the questions.

Table: Sector wise Number of ‘Mergers & Acquisitions’

Table: Sector wise Number of ‘Mergers’

Question 92

If the turbulence over a period is defined by the sum of each of the differences (in absolute terms) in number of mergers & acquisitions on a year-on-year basis, then which sector is considered most turbulent for the entire period (2001 - 02 to 2006 - 07)?

Solution

The turbulence for the Financial Service sector is much higher when compared to the other sectors.

Turbulence for the Financial service sector can be calculated as (201-194)+(201-160)+(160-116)+(193-116)+(193-177)= 185

Similarly, turbulence for the IT and Telecom sector = 108

Turbulence for Food and Beverage = 50

Turbulence for other sectors = 62

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IIFT 2014 Question Paper

If the turbulence over a period is defined by the sum of each of the differences (in absolute terms) in number of mergers & acquisitions on a year-on-year basis, then which sector is considered most turbulent for the entire period (2001 - 02 to 2006 - 07)?

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