Fiem Industries Senior Accounts Executive Interview Questions and Answers

Standard cost is calculated by adding up all the direct and indirect costs of production.

• Direct costs include materials, labor, and overhead expenses.

• Indirect costs include rent, utilities, and depreciation.

• Once all costs are added up, divide by the number of units produced to get the standard cost per unit.

• Standard cost is used to compare actual costs and identify areas for improvement.

BOM stands for Bill of Materials.

• A comprehensive list of raw materials, components, and assemblies required to manufacture a product.

• Used in manufacturing, engineering, and supply chain management.

• Helps in determining the cost of a product and planning production schedules.

• Example: BOM for a car would include engine, tires, seats, etc.

Cost run is the total cost incurred in running a business or project. It includes all expenses related to production, marketing, and administration.

• Cost run is calculated by adding up all the expenses incurred in running a business or project.

• Expenses include production costs, marketing costs, and administrative costs.

• To run cost effectively, businesses need to identify areas where they can reduce expenses without comp...read more

Product cost is calculated by adding direct and indirect costs. Landed cost includes product cost and additional expenses.

• Product cost includes direct costs like raw materials, labor, and indirect costs like overheads.

• Landed cost includes product cost and additional expenses like shipping, customs, and taxes.

• Formula for product cost = direct costs + indirect costs.

• Formula for landed cost = product cost + additional exp

I am a highly motivated and experienced professional with a passion for leadership and team development.

• I have over 5 years of experience in management roles

• I excel at creating and implementing strategies to improve team performance

• I am skilled in communication, problem-solving, and decision-making

• I am dedicated to continuous learning and development

• I am excited about the opportunity to bring my skills and experience t

Bosch is a global leader in technology and innovation, with a strong commitment to sustainability and employee development.

• Bosch's reputation for quality and innovation is unmatched in the industry

• The company's commitment to sustainability aligns with my personal values

• Bosch offers excellent opportunities for career growth and development

• I am impressed by the company's focus on employee well-being and work-life balance

I have the necessary skills, experience, and passion to excel in this role.

• I have X years of experience in management and have consistently exceeded targets.

• I have strong communication and leadership skills, which have helped me motivate and guide teams to success.

• I am passionate about the industry and am always looking for ways to improve processes and drive growth.

• I am a quick learner and am always eager to take on n...read more

My strengths include leadership, problem-solving, and communication. My weakness is that I tend to be too detail-oriented.

• Strengths: Leadership - I have experience leading teams and delegating tasks effectively. Problem-solving - I am able to analyze situations and come up with creative solutions. Communication - I am able to clearly convey ideas and instructions to others.

• Weakness: Detail-oriented - While attention to...read more

I will address the issue with the member and try to find out the reason for their lack of work and provide support if needed.

• Have a one-on-one conversation with the member to understand their situation

• Identify any obstacles or challenges they may be facing and offer support or resources to help them overcome it

• Set clear expectations and goals for the group and hold everyone accountable

• Consider involving higher manageme

I would try to find alternative solutions and resources to complete the task at hand.

• I would first try to communicate with my boss and express my concerns.

• If that doesn't work, I would try to seek help from other colleagues or departments.

• I would also try to research and find resources online or in books to help me complete the task.

• If all else fails, I would try to break down the task into smaller manageable parts and...read more

I am a highly motivated and organized individual with experience in management and customer service.

• I have worked in various management roles, including as a supervisor at a retail store and as a team leader at a call center.

• I am skilled in problem-solving and conflict resolution, having dealt with difficult customers and employees in the past.

• I am also proficient in Microsoft Office and have experience with scheduling...read more

Bosch is a leading global technology and services company with a strong focus on innovation and sustainability.

• Bosch has a reputation for quality and reliability in its products and services.

• The company invests heavily in research and development to stay ahead of the curve.

• Bosch has a strong commitment to sustainability and social responsibility.

• The company offers opportunities for growth and career development.

• Bosch h

I have the necessary skills, experience, and passion to excel in this role.

• I have experience in managing teams and achieving targets.

• I am skilled in problem-solving and decision-making.

• I have a passion for customer service and ensuring customer satisfaction.

• I am a quick learner and adaptable to new situations.

• I am a team player and can work collaboratively with others.

• I am committed to achieving success and contributin

My strength is my ability to lead and motivate a team. My weakness is that I can be too detail-oriented at times.

• Strength: Strong leadership and motivational skills

• Strength: Ability to delegate tasks effectively

• Weakness: Tendency to be too detail-oriented

• Weakness: Sometimes struggle with time management

I will address the issue with the individual and the group, and take appropriate action based on the situation.

• Speak with the individual privately to understand the reason for their lack of work

• Discuss the issue with the group to ensure everyone is aware of their responsibilities

• Provide support or resources to help the individual improve their performance

• Take disciplinary action if necessary, such as a verbal warning o...read more

I would try to find alternative solutions and resources to complete the task at hand.

• Communicate with colleagues or other departments for assistance

• Research and gather information to solve the problem independently

• Take initiative and make decisions to move forward

• Document the situation and bring it to the attention of higher management if necessary

My strengths include leadership, problem-solving, and communication. My weaknesses are time management and public speaking.

• Strengths: Leadership - I have experience leading teams and delegating tasks. Problem-solving - I am able to think critically and find solutions to complex problems. Communication - I am able to effectively communicate with team members and clients.

• Weaknesses: Time management - I sometimes struggle...read more

Inefficiency and lack of communication irritate me the most.

• Inefficiency in completing tasks

• Lack of communication within the team

• Not being able to meet deadlines due to lack of planning

• Unnecessary delays in decision-making

• Micromanagement

• Lack of clarity in instructions

I assess the situation, gather information, and make a decision based on company policies and procedures.

• Assess the situation and determine the severity of the issue

• Gather information from all parties involved

• Refer to company policies and procedures for guidance

• Make a decision based on the information gathered and company guidelines

• Communicate the decision to all parties involved

I am a leader who can also follow when necessary.

• I believe in leading by example and inspiring others to follow.

• I am comfortable taking charge and making decisions, but also value input from others.

• I am adaptable and can switch between leading and following depending on the situation.

• For example, in a team project, I would take the lead in organizing and delegating tasks, but also listen to and incorporate ideas from t...read more