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10+ Aarvee Associates Interview Questions and Answers

Updated 5 Feb 2024

Q1. Three qualities if mine

Ans.

I am a hardworking, adaptable and empathetic individual.

  • Hardworking: I am dedicated to my work and always strive to meet deadlines and exceed expectations.

  • Adaptable: I am able to quickly adjust to new situations and environments, and am always willing to learn new skills.

  • Empathetic: I am able to understand and relate to the needs and feelings of others, which helps me to build strong relationships with colleagues and clients.

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Q2. How do you differ marketing and sales?

Ans.

Marketing is creating awareness and interest in a product or service, while sales is the process of converting that interest into a purchase.

  • Marketing focuses on creating demand, while sales focuses on fulfilling that demand.

  • Marketing is a long-term strategy, while sales is a short-term tactic.

  • Marketing involves building a brand and reputation, while sales involves building relationships with individual customers.

  • Marketing is about communicating the value of a product or serv...read more

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Q3. How will you sell the company's product?

Ans.

I will sell the company's product by highlighting its unique features and benefits to potential customers.

  • Identify the target audience and their needs

  • Highlight the unique features and benefits of the product

  • Provide demonstrations and trials to potential customers

  • Offer competitive pricing and discounts

  • Provide excellent customer service and support

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Q4. Q5. What is the difference between sales and marketing? Q6. How will you sell your product? Q8. Basics about marketing Q9. How to convince customers?

Ans.

Sales is the process of selling products or services while marketing is the process of creating awareness and interest in those products or services.

  • Sales involves direct interaction with customers to close deals while marketing involves creating a brand image and promoting products through various channels.

  • Sales is a short-term process while marketing is a long-term process.

  • To sell a product, I will identify the target audience, understand their needs, and highlight the bene...read more

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Q5. What is role of bda?

Ans.

The role of a Business Development Associate is to identify new business opportunities and build relationships with potential clients.

  • Identify new business opportunities

  • Build relationships with potential clients

  • Research and analyze market trends

  • Develop and implement sales strategies

  • Collaborate with other departments to meet business goals

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BDA Interview

Q6. How to close a call ?

Ans.

Closing a call involves summarizing the conversation, confirming next steps, and thanking the caller.

  • Summarize the main points of the conversation

  • Confirm any action items or next steps

  • Thank the caller for their time and offer assistance if needed

  • End the call politely and professionally

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Q7. Do you know SVM ? Explain

Ans.

SVM stands for Support Vector Machine, a supervised learning algorithm used for classification and regression analysis.

  • SVM finds the best possible boundary between two classes of data points

  • It works by mapping data points to a high-dimensional feature space and finding the hyperplane that separates the classes

  • SVM can handle both linear and non-linear data

  • It is widely used in image classification, text classification, and bioinformatics

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Q8. What should be the qualities of a BDM

Ans.

A BDM should possess strong communication, analytical and strategic thinking skills.

  • Excellent communication and interpersonal skills

  • Ability to analyze market trends and identify opportunities

  • Strategic thinking and problem-solving abilities

  • Strong negotiation and sales skills

  • Ability to build and maintain relationships with clients

  • Good time management and organizational skills

  • Knowledge of the industry and competition

  • Flexibility and adaptability to changing market conditions

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Q9. What is growing business

Ans.

Growing business refers to the process of expanding a company's operations and increasing its revenue over time.

  • Increasing customer base through effective marketing strategies

  • Diversifying product or service offerings to reach new markets

  • Expanding into new geographic regions

  • Improving operational efficiency to reduce costs and increase profits

  • Investing in research and development to innovate and stay ahead of competitors

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Q10. How we plan growing business

Ans.

We plan growing business by analyzing market trends, identifying opportunities, setting goals, and implementing effective strategies.

  • Conduct market research to identify trends and opportunities

  • Set specific and measurable goals for growth

  • Develop and implement effective sales and marketing strategies

  • Build strong relationships with customers and partners

  • Continuously monitor and adjust strategies based on performance

  • Invest in technology and innovation to stay ahead of the competi...read more

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Q11. What is Human Resource policy??

Ans.

Human Resource policy is a set of guidelines and procedures that govern the management of employees in an organization.

  • HR policies cover areas such as recruitment, compensation, benefits, performance management, and employee relations.

  • They are designed to ensure that employees are treated fairly and consistently.

  • Examples of HR policies include a code of conduct, anti-discrimination policies, and a grievance procedure.

  • HR policies are important for maintaining a positive work e...read more

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Q12. How you will recruit candidates??

Ans.

I will recruit candidates through various channels such as job portals, social media, employee referrals, and campus hiring.

  • Create job postings and post them on various job portals

  • Utilize social media platforms to reach out to potential candidates

  • Encourage employee referrals and offer incentives for successful referrals

  • Participate in campus hiring events to attract fresh talent

  • Conduct interviews and assessments to evaluate candidates' skills and fit for the role

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Q13. White noise in time series

Ans.

White noise is a random signal with equal intensity at all frequencies.

  • White noise is a type of stationary stochastic process.

  • It has a constant power spectral density.

  • It is often used as a reference signal for analyzing other signals.

  • Examples include the sound of static on a TV or radio, or the sound of waves crashing on a beach.

  • White noise can be generated using a random number generator.

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