Consultancy Group Interview Questions and Answers

Innovation refers to the process of creating new ideas, products, or methods that bring about positive change.

• Innovation involves taking risks and thinking outside the box

• It can lead to increased efficiency, productivity, and profitability

• Examples of innovation include the development of smartphones, electric cars, and renewable energy sources

ESG stands for Environmental, Social, and Governance. Annual report is a comprehensive report on a company's activities throughout the preceding year.

• ESG refers to the three central factors in measuring the sustainability and ethical impact of an investment in a company or business.

• Environmental factors include a company's impact on the environment, such as carbon emissions and waste management.

• Social factors include a...read more

Current ratio is a financial ratio that measures a company's ability to pay its short-term obligations.

• Current ratio is calculated by dividing current assets by current liabilities.

• It is used to evaluate a company's liquidity and short-term financial health.

• A ratio of 1 or higher is generally considered good, indicating that the company can meet its short-term obligations.

• However, a very high current ratio may indicate...read more

The ratio of current assets and liabilities is a measure of a company's ability to pay off its short-term debts.

• Current ratio = current assets / current liabilities

• A ratio of 2:1 or higher is considered healthy

• Low ratio may indicate liquidity issues

• Example: If a company has $100,000 in current assets and $50,000 in current liabilities, its current ratio would be 2:1