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Ques:- Forming a team, developing the team and improving knowledge are direct responsibilities of the project manager, do you agree?
Right Answer:
Yes, I agree. Forming a team, developing the team, and improving knowledge are key responsibilities of a project manager.
Ques:- How will you define a project?
Right Answer:
A project is a temporary endeavor undertaken to create a unique product, service, or result, with a defined beginning and end, specific objectives, and constraints such as time, budget, and resources.
Ques:- What are organizational influences?
Right Answer:
Organizational influences are the factors within an organization that affect how projects are managed and executed. These include the organization's culture, structure, policies, processes, resources, and stakeholder expectations.
Ques:- What is a mapping in plc & dcs
Right Answer:
In PLC (Programmable Logic Controller) and DCS (Distributed Control System), mapping refers to the process of defining how input and output signals from field devices (like sensors and actuators) are assigned to specific addresses or variables in the control system. This allows the control system to correctly interpret and manage the data from these devices for monitoring and control purposes.
Ques:- Why extras are provided at top and bootom in a beam of slab?
Right Answer:
Extras are provided at the top and bottom of a beam or slab to accommodate bending moments and shear forces. The top reinforcement handles tension in the upper part due to bending, while the bottom reinforcement deals with tension in the lower part. This ensures structural integrity and prevents cracking.
Ques:- How you encourage the job seekers and what action will take ?
Right Answer:
I encourage job seekers by providing personalized feedback on their resumes and interview skills, sharing job search strategies, and connecting them with networking opportunities. I also motivate them by celebrating small achievements and reminding them of their strengths.
Ques:- A man works on the 10th floor and takes the elevator down to ground level at the end of the day. Yet every morning, he only takes the elevator to the 7th floor, even when in a hurry. But he goes all the way to the 10th floor when others are in the elevator with him or it is a rainy day. Why?
Right Answer:
The man is short and can only reach the button for the 7th floor. He can reach the button for the 10th floor when others are with him or when it's rainy and he uses an umbrella to press it.
Ques:- What factors influence the revenue potential of a new pharmaceutical product?
Right Answer:
The revenue potential of a new pharmaceutical product is influenced by factors such as market demand, pricing strategy, competition, regulatory approval, patent protection, marketing effectiveness, target patient population, distribution channels, and reimbursement policies.
Ques:- We are analyzing a manufactures high-end athletic footwear. The company’s sales are up but profits are flat. What do we need to look at?
Right Answer:
We need to look at the cost of production, pricing strategy, marketing expenses, inventory management, and potential discounts or promotions affecting profit margins.
Ques:- Please estimate the total revenue of [a particular juice brand] from the Swedish market who has a 10% market share. You have 5 minutes?
Right Answer:
To estimate the total revenue of the juice brand in the Swedish market, you need to know the total market size for juice in Sweden. If we assume the total market size is, for example, 1 billion SEK, then with a 10% market share, the revenue would be 100 million SEK. Please replace the market size with the actual figure if known.
Ques:- A cable TV company from Canada, World View, had recently entered the US market in the northeast to expand its market share. World View saw this move as an opportunity to capture a large part of the US market (4MM consumers) in a market with very little competition. However, in the last couple of years, much to the surprise of management, World View has been unable to make a profit. You have been hired to figure out why and advise them on their next move?
Right Answer:
World View should analyze their pricing strategy, customer acquisition costs, and service offerings. They may be facing high operational costs, ineffective marketing, or not meeting consumer expectations. Conducting market research to understand customer needs and preferences, optimizing their pricing model, and improving service quality could help them become profitable. Additionally, exploring partnerships or bundling services might attract more customers.
Ques:- What is the cheapest and best way to handle logistics solution?
Right Answer:
The cheapest and best way to handle logistics is to optimize your supply chain by using data analytics for demand forecasting, consolidating shipments, leveraging technology for route optimization, and partnering with reliable carriers to reduce costs while maintaining service quality.
Ques:- WHAT IS THE DIFFERENCE BETWEEN 57F4 AND CHALLAN?
Right Answer:
57F4 is a form used for the declaration of goods for export, while a challan is a document that serves as a receipt or proof of payment for services or goods, often used in logistics for tracking shipments and payments.
Ques:- What is underwriting? What role does it play?
Right Answer:
Underwriting is the process by which a financial institution, such as a bank or insurance company, evaluates the risk of insuring or lending to an individual or entity. It involves assessing the applicant's financial information, creditworthiness, and other relevant factors to determine the terms and conditions of the financial product, such as loans or insurance policies. Underwriting plays a crucial role in managing risk and ensuring that the institution makes informed decisions about providing financial support.
Ques:- What are the objectives of inventory management?
Right Answer:
The objectives of inventory management are to:

1. Maintain optimal inventory levels to meet customer demand.
2. Minimize holding and storage costs.
3. Reduce stockouts and excess inventory.
4. Improve cash flow and working capital.
5. Enhance inventory turnover rates.
6. Ensure accurate inventory records and data.
7. Support efficient production and supply chain operations.
Ques:- What are the indications of existence of undercapitalization in a company?
Right Answer:

Indications of undercapitalization include:

  • Persistent cash flow problems

  • Inability to meet short-term liabilities

  • Excessive reliance on short-term debt

  • Low working capital

  • Frequent borrowing to cover operating expenses

  • Poor credit rating

Ques:- Explain Accelerated Cash Collection?
Right Answer:
Accelerated Cash Collection is a financial strategy aimed at speeding up the process of receiving payments from customers. This can involve various methods such as offering discounts for early payments, improving invoicing processes, and using electronic payment systems to reduce the time it takes to collect cash. The goal is to enhance cash flow and reduce the days sales outstanding (DSO).
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