Varun demonstrates an active approach to staying informed about industry trends by following groups and news channels, and he understands the importance of competitor analysis. However, his response could be enhanced by providing a more structured approach to how he integrates this information into his role. He should also mention how he evaluates the relevance and potential impact of new features or industry developments on his projects. To improve, Varun could discuss specific tools or methods he uses for trend analysis and how this knowledge directly influences his business analysis work and decision-making process.