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10+ Coupang Interview Questions and Answers

Updated 16 Aug 2024
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Q1. What are the types of Commercial Banks?

Ans.

There are four types of commercial banks: retail, corporate, investment, and private.

  • Retail banks serve individuals and small businesses

  • Corporate banks serve large businesses and corporations

  • Investment banks provide services like underwriting, mergers and acquisitions, and securities trading

  • Private banks offer personalized banking services to high net worth individuals and families

  • Examples include Bank of America (retail), JPMorgan Chase (corporate), Goldman Sachs (investment...read more

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Q2. What you about this sales how to develop this business

Ans.

To develop this business, I would focus on building strong relationships with customers, identifying new markets, and implementing effective sales strategies.

  • Build strong relationships with customers through excellent customer service and follow-up

  • Identify new markets and target them with tailored marketing campaigns

  • Implement effective sales strategies such as offering promotions, upselling, and cross-selling

  • Regularly analyze sales data to identify areas for improvement

  • Train ...read more

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Q3. What is saving ac

Ans.

A savings account is a type of bank account where you can deposit money and earn interest on it.

  • Savings accounts are typically used for long-term savings goals, such as buying a house or saving for retirement.

  • They usually offer lower interest rates than other types of accounts, but they are also less risky.

  • Some savings accounts have minimum balance requirements or fees for withdrawals.

  • Interest earned on savings accounts is usually taxable.

  • Examples of savings accounts include ...read more

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Q4. How handle sales techniques and customer dealing

Ans.

To handle sales techniques and customer dealing, one must have good communication skills and knowledge of the product.

  • Develop a strong understanding of the product or service being sold

  • Listen actively to the customer's needs and concerns

  • Tailor the sales pitch to the customer's specific needs

  • Be confident and persuasive in presenting the product or service

  • Follow up with customers to ensure satisfaction and build long-term relationships

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Discover Coupang interview dos and don'ts from real experiences

Q5. Say about Banking

Ans.

Banking is the industry that deals with financial transactions, such as deposits, loans, and investments.

  • Banks offer various types of accounts, such as savings, checking, and money market accounts.

  • They provide loans for personal, business, and real estate purposes.

  • Banks also offer investment services, such as mutual funds, stocks, and bonds.

  • They play a crucial role in the economy by providing financial services to individuals and businesses.

  • Banks are regulated by government a...read more

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Q6. That you prefer having bussines or job?

Ans.

I prefer having a business over a job because it allows me to have more control over my work and potential for higher earnings.

  • Having a business allows for more flexibility and autonomy in decision-making

  • Potential for higher earnings and growth opportunities in a business

  • Ability to create something of your own and make a bigger impact in the industry

  • However, running a business also comes with higher risks and responsibilities

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Q7. What is casa explain?

Ans.

CASA stands for Current Account Savings Account. It refers to the combination of a current account and a savings account offered by banks.

  • CASA is a type of bank account that combines the features of a current account and a savings account.

  • It allows customers to enjoy the benefits of both types of accounts, such as easy access to funds and interest on savings.

  • Banks use CASA deposits to fund their lending activities and earn interest income.

  • Example: A customer can deposit money...read more

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Q8. What is sallry preferred

Ans.

I am open to discussing salary based on the responsibilities and benefits offered by the company.

  • Open to negotiation based on responsibilities and benefits

  • Looking for competitive salary in line with industry standards

  • Interested in performance-based incentives

  • Seeking opportunities for growth and advancement

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Q9. What is sale in Bank

Ans.

Sales in a bank refer to the process of selling financial products and services to customers.

  • Sales in a bank involve promoting and selling various financial products such as loans, credit cards, insurance, and investment products.

  • Sales officers in a bank are responsible for meeting sales targets, acquiring new customers, and cross-selling products to existing customers.

  • Effective sales in a bank require building relationships with customers, understanding their financial needs...read more

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Q10. How do sells and

Ans.

Sales and marketing go hand in hand, with marketing creating awareness and interest, and sales converting leads into customers.

  • Sales and marketing work together to drive revenue for the company

  • Marketing creates awareness and interest in the product or service

  • Sales team converts leads generated by marketing into customers

  • Effective communication and collaboration between sales and marketing teams is crucial for success

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Interview Process at Coupang

based on 77 interviews
3 Interview rounds
HR Round - 1
HR Round - 2
Personal Interview1 Round
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