10+ Hays Business Solutions Interview Questions and Answers

Insurance is a financial product that provides protection against specified risks in exchange for payment of a premium.

• Insurance is a contract between an individual or organization and an insurance company.

• The individual or organization pays a premium to the insurance company in exchange for coverage against specific risks.

• Types of insurance include health insurance, life insurance, auto insurance, and property insurance.

• Insurance helps individuals and organizations manage ri...read more

I bring a unique blend of leadership, strategic thinking, and problem-solving skills to drive growth and innovation at exl.

• Proven track record of successfully leading teams to achieve business objectives

• Strong strategic thinking abilities to identify opportunities for growth and improvement

• Expertise in problem-solving to overcome challenges and drive innovation

• Experience in implementing effective processes and systems to optimize performance

• Ability to collaborate with cross-f...read more

Yes, I am comfortable with the hybrid model as it allows for flexibility and collaboration.

• Hybrid model combines remote work with in-person work

• Allows for flexibility in work schedule and location

• Encourages collaboration among team members

• Example: Some days working from home and some days in the office

Insurance is a contract between an individual or organization and an insurance company, where the insurer provides financial protection against potential losses.

• Insurance is a risk management tool that helps individuals and organizations protect themselves against potential financial losses.

• It involves paying a premium to an insurance company in exchange for coverage and protection.

• Insurance policies can cover various aspects such as health, property, life, auto, etc.

• The insu...read more

Insurance is a financial protection against potential losses or risks.

• Insurance is a contract between an individual or entity and an insurance company.

• The individual or entity pays a premium in exchange for coverage against specific risks.

• In case of a covered loss, the insurance company compensates the policyholder.

• Types of insurance include health, life, auto, home, and business insurance.

• Examples: Health insurance covers medical expenses, auto insurance covers vehicle damag...read more

Current assets are assets that are expected to be converted into cash or used up within one year.

• Current assets include cash, accounts receivable, inventory, and prepaid expenses.

• They are listed on the balance sheet and are important for assessing a company's liquidity.

• Examples of current assets are cash in bank, short-term investments, and accounts receivable.

• Current assets are crucial for a company's day-to-day operations and financial health.

Night shift requirements include ability to work late hours, stay alert, and maintain productivity.

• Ability to work late hours without compromising performance

• Maintaining alertness and focus during nighttime hours

• Adapting to a different sleep schedule

• Ensuring proper lighting and safety measures in the workplace

Negotiable based on role, experience, and benefits package.

• Expected package is negotiable based on the role being offered.

• Factors such as experience, skills, and the benefits package offered can influence the expected package.

• Candidates can research industry standards and salary ranges to have an idea of what to expect.

The golden rules of accounting are basic principles that guide the process of recording financial transactions.

• The three golden rules are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.

• For example, when a company receives cash from a customer, it debits the cash account (what comes in) and credits...read more