General Mills Interview Questions, Process, and Tips

Q1. Introduce yourself, what you do?
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Q2. What is difference between forecast accuracy and bias?
Ans. 
Forecast accuracy measures how close the forecast is to actual results, while bias measures the tendency of the forecast to consistently over or under predict.
• Forecast accuracy is the measure of how close the forecasted values are to the actual values.

• Bias is the tendency of the forecast to consistently over or under predict the actual values.

• Forecast accuracy is typically measured using metrics like Mean Absolute Perc...read more
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Q3. Which according to you is important among the both accuracy or bias if you have to select in them
Ans. 
Accuracy is more important than bias in demand planning as it ensures the forecast is as close to the actual demand as possible.
• Accuracy ensures that the forecast is as close to the actual demand as possible, leading to better inventory management and customer satisfaction.

• Bias can lead to consistently overestimating or underestimating demand, resulting in excess inventory or stockouts.

• In demand planning, the focus sho...read more
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Q4. Challenges you faced in your carrer
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Q5. What are important factor in demand planning
Ans. 
Important factors in demand planning include historical data analysis, market trends, collaboration with sales and marketing teams, and accurate forecasting.
• Analyzing historical data to identify patterns and trends

• Monitoring market trends and changes in consumer behavior

• Collaborating closely with sales and marketing teams to gather insights and align strategies

• Utilizing accurate forecasting methods to predict future de...read more
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Q6. Situation question on your colleague alloted to you is not working at all in project handled by you, how will you handle him/her?
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Q7. If you do mistake in forecast thats instead of 200 you put 2000 , what will you do
Ans. 
I would analyze the impact of the mistake on the overall forecast accuracy and take corrective actions to adjust the forecast accordingly.
• Analyze the impact of the mistake on the forecast accuracy

• Identify the root cause of the mistake (e.g. data entry error, system glitch)

• Adjust the forecast by correcting the error and reevaluating the demand drivers

• Communicate the revised forecast to stakeholders to ensure alignment
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Q8. What is your Weakness?
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Q1. Tell about yourself
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Q2. Why you are leaving the company
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Q3. Where do you find yourself in 2-3 years
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Q4. Will you leave the company early like you did in this instance if big MNC comes
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Q1. Can you provide an explanation of your previous role in your last company?
Ans. 
Led financial planning and analysis for a multinational corporation, overseeing budgeting, forecasting, and financial reporting.
• Managed annual budgeting process, working closely with department heads to align financial goals with strategic objectives

• Prepared monthly financial reports and variance analysis for senior management, highlighting key performance metrics

• Implemented cost-saving initiatives resulting in a 10% r...read more
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Q2. What do you understand based on the job description?
Ans. 
Understanding of job responsibilities and requirements outlined in the job description for Senior Finance Executive role.
• Understanding financial planning, analysis, and reporting

• Experience in budgeting and forecasting

• Knowledge of financial regulations and compliance

• Ability to lead and manage finance teams

• Strong communication and presentation skills

• Experience with financial software and systems
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Q3. Do you possess a fundamental understanding of freight?
Ans. 
Yes, I possess a fundamental understanding of freight.
• I have experience in managing transportation costs and logistics for a company.

• I understand the impact of freight costs on the overall financial performance of a business.

• I am familiar with different modes of transportation such as air, sea, and land freight.

• I have worked on optimizing freight routes to reduce costs and improve efficiency.

• I am knowledgeable about fr...read more
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Q1. What makes you a suitable candidate for this position?
Ans. 
I have over 10 years of experience in finance, strong leadership skills, and a proven track record of driving financial growth.
• Over 10 years of experience in finance

• Strong leadership skills

• Proven track record of driving financial growth
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Q2. Are you familiar with our company?
Ans. 
Yes, I am familiar with your company.
• I have researched your company's financial performance and market position.

• I am aware of your recent acquisitions and partnerships.

• I have reviewed your company's annual reports and press releases.

• I have a good understanding of your industry and competitors.
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Q1. What are your salary expectations?
Ans. 
My salary expectations are in line with industry standards for a Senior Finance Executive role.
• Research industry standards for Senior Finance Executive salaries

• Consider my level of experience and qualifications

• Factor in the company's size and location

• Negotiate based on additional benefits or perks offered
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Q2. What justification can you provide for your salary expectations?
Ans. 
My salary expectations are based on my extensive experience, proven track record of success, and the value I can bring to the organization.
• I have X years of experience in finance leadership roles, including Y years at a similar level to the position I am applying for.

• I have a track record of successfully managing large budgets, implementing cost-saving initiatives, and driving financial growth.

• I bring a unique skill se...read more
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Basic aptitude test
Practice maths sums

Q1. Dsa question of easy level
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Q2. Tell me more about yourself
Ans. 
I am a recent graduate with a degree in Marketing and a passion for digital marketing strategies.
• Recent graduate with a degree in Marketing

• Passionate about digital marketing strategies

• Experience in social media marketing and content creation
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Case study - marketing

Q1. About the case study
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Q2. Nielsen fundamentals
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