Bharat Petroleum Interview Questions and Answers

Order execution is the process of completing a trade or transaction in financial markets.

• Order execution involves the timely and accurate processing of buy or sell orders.

• It includes matching the order with a counterparty and executing the trade at the best available price.

• Order execution can be done manually by traders or through automated systems.

• Efficient order execution is crucial for minimizing transaction costs and maximizing returns.

• Examples of order execution venues i...read more

I handle change management by being proactive, communicating effectively, and involving all stakeholders.

• I assess the impact of the change and create a plan to manage it

• I communicate the change to all stakeholders and address any concerns they may have

• I involve all stakeholders in the change process to ensure buy-in and collaboration

• I monitor the progress of the change and make adjustments as needed

The business process that I am most comfortable with is strategic planning and implementation.

• Strategic planning involves setting goals, determining actions to achieve those goals, and mobilizing resources to execute the actions.

• I am comfortable with analyzing market trends, identifying opportunities and threats, and developing strategies to capitalize on them.

• I have experience in creating detailed implementation plans, assigning responsibilities, and monitoring progress to e...read more

Handled various systems including CRM, ERP and HRMS in previous organization.

• Managed customer data and sales pipeline in CRM system

• Streamlined business processes and inventory management in ERP system

• Handled employee data, attendance and payroll in HRMS system

PO refers to purchase order which is a formal document issued by a buyer to a seller, while Non PO refers to transactions that do not involve a purchase order.

• PO involves a formal document outlining the details of a purchase, such as quantity, price, and terms of sale.

• Non PO transactions are typically more informal and may involve direct payments without a formal purchase order.

• POs are commonly used in business-to-business transactions to ensure clarity and accountability.

• Non...read more

Payment term refers to the agreed upon terms between a buyer and a seller regarding when and how payment will be made for goods or services.

• Payment terms can include the amount due, due date, and any discounts for early payment.

• Common payment terms include Net 30 (payment due 30 days after invoice date), Net 60, and Net 90.

• Other payment terms may include payment upon delivery, payment in advance, or installment payments.

• Negotiating favorable payment terms can help improve cas...read more