Arvind Fashions Interview Questions, Process, and Tips

Store KPIs are key performance indicators that measure the success of a store, while TGT vs ACH compares target goals to actual achievements.

• Store KPIs are important metrics that help assess the performance of a store, such as sales revenue, customer satisfaction, and inventory turnover.

• TGT vs ACH compares the target goals set for the store, such as sales targets or profit margins, to the actual achievements or results...read more

Boilerplate clauses in service agreements include indemnification, termination, governing law, and dispute resolution.

• Indemnification clause specifies who will be responsible for any damages or losses incurred during the service.

• Termination clause outlines the conditions under which the agreement can be terminated by either party.

• Governing law clause determines which state's laws will govern the agreement.

• Dispute resol...read more

Termination by convenience is voluntary, while termination for material breach is due to a violation of contract terms.

• Termination by convenience is initiated by the party who wishes to end the contract without any fault on the other party's part.

• Termination for material breach is due to a violation of contract terms by one of the parties.

• Termination by convenience is usually allowed in contracts to provide flexibility...read more

Reconciliation is the process of restoring friendly relations between two parties.

• Reconciliation involves acknowledging and addressing past conflicts or wrongdoings.

• It requires both parties to communicate openly and honestly.

• Reconciliation can lead to forgiveness, healing, and a renewed sense of trust.

• Examples include reconciling with a friend after an argument, or reconciling with a former enemy after a war.