Anmol Industries Interview Questions and Answers for Freshers

E-commerce refers to buying and selling goods or services over the internet.

• Online transactions

• Digital payments

• Virtual storefronts

• Examples: Amazon, eBay, Shopify

Opportunity cost is the value of the next best alternative that is foregone when a decision is made.

• Opportunity cost is the benefit or value of something that must be given up to acquire or achieve something else.

• It helps in evaluating the trade-offs involved in decision-making.

• For example, if a company decides to invest in a new project, the opportunity cost could be the potential profits from investing in a different...read more

Break even point is the point at which total revenue equals total costs, resulting in neither profit nor loss.

• Break even point is calculated by dividing fixed costs by the contribution margin.

• It is the level of sales at which a business neither makes a profit nor incurs a loss.

• It helps in determining the minimum amount of sales needed to cover all costs.

• Break even analysis is important for businesses to make informed d...read more

ROI is Return on Investment. PKD stands for Primary Key Distribution. New distributors can be found through market research and networking.

• ROI is a measure of profitability that calculates the return on an investment relative to its cost.

• PKD refers to the distribution of products through primary key outlets.

• To find new distributors, conduct market research to identify potential areas and then network with local busines...read more

MRP stands for Maximum Retail Price.

• MRP is the highest price that can be charged by a retailer for a product.

• It includes the cost of production, transportation, taxes, and profit margin.

• MRP helps consumers make informed decisions and prevents price gouging.

• For example, if the MRP of a product is $50, a retailer cannot sell it for more than that price.