Ferrero Senior Executive Interview Questions and Answers

Q1. What is GR/IR and how to keep track? Types of PO and its uses Effect of Procurement in Balance sheet What do know about KPI and SLA? End to end P2P process General accounting Park Invoice
Ans. 
GR/IR stands for Goods Receipt/Invoice Receipt. It is a process used to reconcile discrepancies between goods received and invoices received.
• GR/IR is used to ensure that the quantity and value of goods received match the quantity and value of invoices received.

• It helps in identifying and resolving any discrepancies between the goods received and the invoices received.

• The GR/IR account is a temporary account used to rec...read more
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Q1. Stages in NPD- How NPD works
Ans. 
NPD involves several stages from idea generation to commercialization.
• Idea generation and screening

• Concept development and testing

• Business analysis

• Product development

• Market testing

• Commercialization

• Continuous improvement

• Examples: Apple's iPhone, Coca-Cola's new flavors
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Q2. How to improve the gm% of product
Ans. 
To improve gm% of product, focus on reducing costs and increasing sales revenue.
• Analyze cost structure and identify areas for cost reduction

• Implement pricing strategies to increase sales revenue

• Improve product quality to justify higher prices

• Explore new markets and distribution channels

• Streamline supply chain to reduce costs

• Invest in research and development to create innovative products
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Q3. Share your personal introduction
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Q1. How you are different from others
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Q2. Three different characteristics of yours
Ans. 
I am a strategic thinker, empathetic listener, and adaptable problem-solver.
• Strategic thinker: able to analyze complex situations and develop effective plans

• Empathetic listener: able to understand and connect with others' perspectives and needs

• Adaptable problem-solver: able to quickly adjust to changing circumstances and find creative solutions
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Q1. Company se relative question
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Q2. What information do you have about the company? Cadbury chocolate
Ans. 
Cadbury is a well-known chocolate brand with a wide range of products.
• Founded in 1824 by John Cadbury in Birmingham, England

• Known for its Dairy Milk chocolate bar

• Offers a variety of flavors and products such as Cadbury Creme Egg and Cadbury Roses

• Part of Mondelez International since 2010
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Q1. What position are you applying for within the company? Sales executive
Ans. 
Sales executive
• I am applying for the position of Sales Executive within the company.

• I have experience in sales and a proven track record of meeting and exceeding targets.

• I am confident in my ability to drive revenue and build strong relationships with clients.

• I am excited about the opportunity to contribute to the company's growth and success.
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Q2. Sales executive
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Q1. Sales development
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Q2. How was Sales develop
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Sales development is the process of identifying and nurturing potential leads to convert them into customers.
• Sales development involves prospecting and qualifying leads.

• It includes activities like cold calling, email outreach, and networking.

• Sales development teams work closely with marketing to generate leads.

• Effective sales development requires strong communication and negotiation skills.

• Sales development is crucial ...read more
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Q3. Wd infra required and wd handle
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Q1. Salary offer and benifit
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Q1. Five p’s of marketing,whats is supply chain management
Ans. 
Supply chain management involves the coordination and optimization of all activities involved in the production and distribution of goods and services.
• Supply chain management focuses on the five P's of marketing (product, price, place, promotion, and people) to ensure efficient and effective delivery of products to customers.

• It involves managing the flow of goods, information, and finances from the initial sourcing of ...read more
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Q1. What is inventory management, salary expectations
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As per company policy materials Sab coding

Q1. Improving customer satisfaction
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Q2. Let me know if you’re interested
Ans. 
Yes, I am interested. Please provide me with more details.
• I am definitely interested in learning more about the opportunity.

• Could you please provide me with more information about the position?

• Yes, I am interested. What are the next steps?

• I would love to hear more about the role and the company.

• Absolutely, please tell me more about what you have in mind.
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Whats your name,detail about last company

Q1. Tell me about your self
Ans. 
I am a highly motivated and experienced Business Development Executive with a proven track record of driving growth and building strong client relationships.
• Over 10 years of experience in business development and sales

• Successfully generated new leads and closed deals resulting in a 30% increase in revenue

• Built and maintained a strong network of industry contacts

• Developed and implemented effective sales strategies

• Manage...read more
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Q2. Family backgrounds
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Q3. Education detail
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