10+ KPMG India Interview Questions and Answers

The contracts and procurement process involves identifying needs, selecting suppliers, negotiating contracts, and managing supplier performance.

• Identify needs and requirements

• Select potential suppliers

• Negotiate terms and conditions

• Award the contract

• Manage supplier performance

• Renew or terminate the contract as needed

Sales is the process of convincing potential customers to buy a product or service.

• Identifying potential customers

• Understanding their needs and preferences

• Presenting the product or service in a compelling way

• Overcoming objections and addressing concerns

• Closing the sale and following up with customers

• Building long-term relationships with customers

• Examples: selling cars, insurance policies, software solutions, etc.

To increase sales in the CNG market, focus on targeted marketing campaigns, improving product visibility, offering incentives, and building strong customer relationships.

• Conduct market research to identify target audience and their needs

• Create targeted marketing campaigns to reach the identified audience

• Improve product visibility through advertising, online presence, and partnerships

• Offer incentives such as discounts, promotions, or loyalty programs to attract customers

• Build ...read more

Customer satisfaction can be achieved by understanding their needs and providing excellent service.

• Listen actively to their concerns and needs

• Provide prompt and efficient service

• Offer personalized solutions

• Follow up to ensure their satisfaction

• Provide clear communication and transparency

• Offer incentives and rewards for loyalty

• Continuously improve and innovate to meet their changing needs

Horizontal Directional Drilling is a trenchless method of installing underground pipes, cables, and conduits.

• It involves drilling a pilot hole along a predetermined path

• A drilling rig is used to steer the drill bit and pull the pipe or cable through the hole

• It is commonly used for installing utilities under roads, rivers, and other obstacles

• It minimizes disruption to the surface and reduces the need for excavation

• Examples include laying fiber optic cables, gas pipelines, and ...read more

Finding new customers involves identifying target markets, networking, utilizing social media, and offering promotions.

• Identify target markets based on demographics, psychographics, and behavior

• Network with industry professionals, attend conferences, and join networking groups

• Utilize social media platforms to reach a wider audience and engage with potential customers

• Offer promotions, discounts, or incentives to attract new customers

• Collect feedback from existing customers to ...read more

The cost of belief is subjective and can vary depending on the individual's values, beliefs, and experiences.

• The cost of belief can include financial expenses, such as donations to religious organizations or costs associated with practicing a particular faith.

• It can also involve personal sacrifices, such as time spent in prayer or adhering to religious practices.

• The cost of belief may extend to social consequences, such as ostracism or discrimination for holding certain belie...read more

Customers benefit from the company's products or services in various ways.

• Improved productivity and efficiency

• Cost savings

• Enhanced customer experience

• Increased revenue and profits

• Access to new markets and opportunities

• Innovative solutions to meet their needs

• Stronger brand reputation and loyalty

Account entries are financial transactions recorded in the general ledger.

• Account entries are used to record the inflow and outflow of money in an organization.

• They include debits and credits to various accounts.

• Examples of account entries include recording sales revenue, expenses, and asset purchases.

• Account entries must follow the double-entry bookkeeping system, where every debit entry must have a corresponding credit entry.

• These entries are crucial for financial reporting...read more