Genpact Finance Planning and Analysis Manager Interview Questions and Answers

Three methods to increase revenue include expanding product offerings, increasing marketing efforts, and improving customer retention strategies.

• Expand product offerings to attract new customers and increase sales

• Increase marketing efforts to reach a larger audience and drive more sales

• Improve customer retention strategies to encourage repeat business and increase customer lifetime value

Forecasting involves predicting future financial outcomes based on historical data and trends, while budgeting involves setting financial goals and allocating resources to achieve those goals.

• Forecasting uses past data and trends to predict future financial performance.

• Budgeting involves setting financial goals and allocating resources to achieve those goals.

• Forecasting is more focused on predicting outcomes, while bud...read more

Financial planning and analysis involves the process of forecasting, budgeting, and analyzing financial data to support decision-making and strategic planning.

• Financial planning and analysis helps organizations in setting financial goals and developing strategies to achieve them.

• It involves creating budgets, analyzing financial statements, and conducting variance analysis to assess performance.

• Financial planning and an...read more