ElasticRun Commercial Executive Interview Questions and Answers

The top companies in terms of market share vary by industry and region.

• Market share is the percentage of total sales in a particular industry that a company holds.

• The top companies in terms of market share can change over time due to various factors such as competition, innovation, and mergers/acquisitions.

• For example, in the smartphone industry, Samsung and Apple are the top companies in terms of market share, while i...read more

SKU stands for Stock Keeping Unit, a unique identifier for a product used in inventory management.

• SKU is a code assigned to a specific product for inventory tracking purposes

• It helps in identifying and managing stock levels of a product

• SKUs can be alphanumeric and can include information such as color, size, and style

• Example: Nike Air Max 90 - SKU: NAM90-BLK-9.5

• SKUs are used in retail, e-commerce, and manufacturing ind

Distributors margin is higher than wholesalers margin due to added value and services provided.

• Distributors provide additional services like marketing, sales, and logistics which increase their margin

• Wholesalers only provide storage and distribution services

• Distributors have a closer relationship with manufacturers and can negotiate better prices

• Distributors have a larger customer base and can offer volume discounts

• Exa...read more