Future Group Fashion Consultant and Fashion Executive Interview Questions and Answers

The BCG matrix is a strategic planning tool used to analyze a company's portfolio of products or business units.

• Developed by the Boston Consulting Group (BCG)

• It categorizes products/business units into four quadrants based on market growth rate and market share

• Quadrants: Stars, Cash Cows, Question Marks, and Dogs

• Helps in resource allocation and strategic decision-making

• Example: Apple's iPhone as a Star, iPod as a Cash ...read more

Market segmentation is the process of dividing a broad target market into smaller, more specific groups based on common characteristics.

• Market segmentation helps businesses identify and target specific customer groups.

• It involves analyzing factors such as demographics, psychographics, and behavior to create segments.

• Segments can be based on age, gender, income, interests, location, etc.

• By understanding the needs and pr...read more

My strengths include strong communication skills, adaptability, and problem-solving abilities.

• Strong communication skills: I am able to effectively convey information and ideas to others.

• Adaptability: I am able to quickly adjust to new situations and environments.

• Problem-solving abilities: I am skilled at analyzing complex problems and finding creative solutions.

One of my weaknesses is that I tend to be overly critical of my own work.

• I have a tendency to be a perfectionist and spend too much time on tasks

• I struggle with delegating tasks to others

• I can be overly self-critical and have difficulty accepting praise or recognition

I am a dedicated and passionate individual with a strong work ethic and a proven track record of success.

• I have consistently achieved top grades in my academic studies, showcasing my commitment to excellence.

• I have completed multiple internships in the past where I received glowing feedback from supervisors for my hard work and dedication.

• I am actively involved in extracurricular activities such as volunteering and lea...read more

UG refers to undergraduate education while PG refers to postgraduate education.

• UG is the first level of higher education after completing secondary education.

• PG is pursued after completing UG and is a higher level of education.

• UG courses are generally of 3-4 years duration while PG courses are of 1-2 years duration.

• UG courses provide a broad understanding of a subject while PG courses provide in-depth knowledge and spe...read more

I am willing to work in the Marketing department.

• I have a strong interest in marketing and have taken relevant courses in college.

• I have experience in creating marketing campaigns and analyzing market trends.

• I am skilled in social media marketing and have successfully managed social media accounts for small businesses.

• I am a creative thinker and enjoy coming up with innovative marketing strategies.

• I am a team player an...read more

Finance is the management of money and investments, including activities such as budgeting, investing, and financial planning.

• Finance involves the management of money and assets.

• It includes activities such as budgeting, investing, and financial planning.

• Finance helps individuals and organizations make informed financial decisions.

• Financial statements and reports are used to analyze and track financial performance.

• Examp...read more

Sources of finance include equity, debt, and retained earnings.

• Equity financing involves selling ownership shares in the company to investors.

• Debt financing involves borrowing money from lenders and paying it back with interest.

• Retained earnings are profits that are reinvested back into the company.

• Other sources of finance include grants, subsidies, and crowdfunding.

• The choice of finance depends on factors such as the ...read more