IKEA Director Interview Questions and Answers

Q1. What are the roles and responsibility
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Q1. Family background & Previous company related
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Q1. What is AOP and how to prepare AOP
Ans. 
AOP stands for Annual Operating Plan. It is a detailed plan of an organization's revenue and expenses for the upcoming year.
• AOP is prepared by analyzing past performance, market trends, and future goals.

• It includes revenue projections, expense budgets, and capital expenditure plans.

• AOP is usually prepared by the finance department in collaboration with other departments.

• It is an important tool for financial planning an...read more
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Q2. Knowledge about automation - power BI, Macros, advanced Excel.
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Q3. How to map a process
Ans. 
Mapping a process involves identifying its steps and creating a visual representation of the flow.
• Identify the process to be mapped

• List the steps involved in the process

• Create a flowchart or diagram to represent the process

• Include decision points and potential outcomes

• Review and refine the process map as needed
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Q1. Why do you want to switch
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Q2. All about current experience
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Q1. All questions related to current experience
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Q2. How to communicate effectively with teams sitting in different geographies
Ans. 
Effective communication with geographically dispersed teams requires clear communication channels, cultural sensitivity, and regular check-ins.
• Establish clear communication channels such as video conferencing, instant messaging, and email

• Be sensitive to cultural differences and adapt communication style accordingly

• Schedule regular check-ins to ensure everyone is on the same page and address any concerns or issues

• Encour...read more
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Q1. Explaining about yourself, family, education and work experience. Are you experience in people handling?
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Q2. Are you able to relocate anywhere in India?
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How the manpower's are bee. Handled and understanding of the each others Processes

Q1. Internal Organisation Structure and Roles of the individual
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Q1. With the Management Expectations understanding
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Q1. Do you know how vat is calculated
Ans. 
VAT is calculated by multiplying the cost of goods or services by the VAT rate.
• VAT = Cost x VAT rate

• VAT rate can vary depending on the country or type of goods/services

• VAT is usually included in the final price paid by the consumer
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Q2. What is an AS code for fixed asset
Ans. 
AS code for fixed asset is a unique identifier used to track and manage fixed assets.
• AS code stands for Asset Code

• It is a unique alphanumeric code assigned to each fixed asset

• AS codes help in tracking and managing fixed assets efficiently

• Example: AS-FA-001
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Q1. What is your long term plan for the company
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