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Indovance Inc Business Development Associate Interview Questions and Answers

Updated 15 Aug 2024

Indovance Inc Business Development Associate Interview Experiences

1 interview found

Business Development Associate Interview Questions & Answers

user image Anonymous

posted on 15 Aug 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. What do you know about BD?
  • Ans. 

    Business Development (BD) involves identifying new business opportunities, building relationships, and creating partnerships to drive growth.

    • BD involves researching and identifying potential clients or markets

    • It includes building and maintaining relationships with clients and partners

    • BD also involves creating strategies to expand the business and increase revenue

    • Examples: Cold calling potential clients, attending netwo

    • Answered by AI
    Add your answer

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Interview Tips & Stories
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honestword
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Oxane Partners
Disappointing Interview Experience with D.E. Shaw
I recently interviewed with D.E. Shaw, and it turned out to be one of the most draining experiences I’ve had. The interviewer’s approach felt unnecessarily harsh and dismissive, which made the entire process uncomfortable. At multiple points, the interviewer asked me to drop off the call, even when I tried asking basic questions about the designation, job description, and other details. After the interview, I found myself sitting there for a few minutes, trying to process what just happened. It left me questioning the overall tone and professionalism of the interview. Definitely not the experience I was expecting from such a well-known firm.
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Interview questions from similar companies

Business Development Executive Interview Questions & Answers

Walplast Products user image R.VENKATA NARASIMHAN

posted on 22 Nov 2023

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-

I applied via Walk-in

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(5 Questions)

  • Q1. What You will sell
  • Ans. 

    I will sell innovative software solutions for businesses to streamline their operations and increase efficiency.

    • Software solutions for businesses

    • Streamlining operations and increasing efficiency

    • Innovative technology

    • Customizable solutions

    • Improved productivity and cost savings

    • Answered by AI
    View 1 more answer
  • Q2. What you need to increase our company sales. Special offer. Advertising. Group Sales. All I need is quality product and unrestricted stock at reasonable prices
  • Ans. 

    Ok Rsm. Asm. question BDO. SO. SR. ISR. looking at How to bring growth to the company? If the area is big (outlets above 150 or 180) separate the two, one is the main distributor and the other is the sub distributore. Visit at least 2 new stores everyday. At least one more hour than usual to talk to the shopkeeper who did not buy from us

    • Answered by R.VENKATA NARASIMHAN
    Add your answer
  • Q3. Does your distributor like you? Do you like our company? Like our product? After liking me first, the company will like it. Because they trust me and invest
  • Ans. 

    Does your distributor like you? Do you like our company? Like our product? After liking me first, the company will like it. Because they trust me and invest

    • Answered by R.VENKATA NARASIMHAN
    Add your answer
  • Q4. One day in a year Rsm. Asm. Why didn't the sales that come when you work in the market come from working all year round?. If he puts the goods to the shopkeeper for distribution, he will ask for money. But...
  • Ans. 

    One day in a year Rsm. Asm. Why didn't the sales that come when you work in the market come from working all year round?. If he puts the goods to the shopkeeper for distribution, he will ask for money. But Rsm. Asm. Give more value by giving concessions. False voting leads to more sales. My sales are steady. Their sales are erratic

    • Answered by R.VENKATA NARASIMHAN
    Add your answer
  • Q5. Ok Rsm. Asm. question BDO. SO. SR. ISR. looking at How to bring growth to the company? If the area is big (outlets above 150 or 180) separate the two, one is the main distributor and the other is the sub d...
    • Add your answer
Round 3 - Group Discussion 

What you need to increase our company sales. Special offer. Advertising. Group Sales. All I need is quality product and unrestricted stock at reasonable prices

Interview Preparation Tips

Interview preparation tips for other job seekers - Be on time first. Honesty Discipline (be disciplined with our superiors, our financiers, and our purchasing agents) Success will stand behind you by itself.

Business Development Executive Interview Questions & Answers

TPF Engineering user image Anonymous

posted on 11 Apr 2021

I applied via Campus Placement and was interviewed before Apr 2020. There were 3 interview rounds.

Interview Questionnaire 

8 Questions

  • Q1. About myself..
    • Add your answer
  • Q2. Risk Taking ability
    • Add your answer
  • Q3. Stress handling ability
  • Ans. 

    I have strong stress handling ability.

    • I prioritize tasks and manage my time effectively to avoid feeling overwhelmed.

    • I practice mindfulness and deep breathing techniques to stay calm in stressful situations.

    • I seek support from colleagues or a mentor when needed.

    • I maintain a healthy work-life balance to prevent burnout.

    • Example: During a high-pressure project, I delegated tasks to team members and communicated clearly to...

    • Answered by AI
    Add your answer
  • Q4. What is your time and people management abilities?
    • Add your answer
  • Q5. Types of Indian Construction Contracts with brief explanation!
  • Ans. 

    There are various types of construction contracts in India, each with its own unique features and benefits.

    • Lump Sum Contract: Fixed price for the entire project

    • Cost Plus Contract: Actual cost plus a fee for the contractor

    • Unit Price Contract: Payment based on the quantity of work completed

    • Design-Build Contract: Contractor responsible for both design and construction

    • Turnkey Contract: Contractor responsible for entire pro...

    • Answered by AI
    Add your answer
  • Q6. Type of Clients in different infrastructure sector
  • Ans. 

    Clients in infrastructure sector vary based on the type of infrastructure.

    • Transportation: government agencies, private companies, logistics firms

    • Energy: power generation companies, utilities, renewable energy firms

    • Water: municipalities, water treatment companies, irrigation districts

    • Telecommunications: telecom companies, internet service providers

    • Construction: developers, contractors, architects

    • Public sector: governmen...

    • Answered by AI
    Add your answer
  • Q7. Tendering process with brief description..
  • Ans. 

    Tendering process involves inviting bids from potential suppliers for a project or service.

    • Identify the need for a project or service

    • Prepare a tender document outlining the requirements and evaluation criteria

    • Invite bids from potential suppliers through advertising or direct invitation

    • Evaluate the bids based on the criteria outlined in the tender document

    • Award the contract to the successful bidder

    • Negotiate terms and co...

    • Answered by AI
    Add your answer
  • Q8. Difference between EOI and LOI
  • Ans. 

    EOI is an expression of interest while LOI is a letter of intent.

    • EOI is a preliminary document expressing interest in a project or opportunity.

    • LOI is a more formal document outlining the terms and conditions of a proposed agreement.

    • EOI is non-binding while LOI is usually binding.

    • EOI is used to gauge interest while LOI is used to negotiate and finalize a deal.

    • Examples of EOI include job applications and project proposal...

    • Answered by AI
    Add your answer

Interview Preparation Tips

Interview preparation tips for other job seekers - Be polite. Be Natural. Be Confident but dont be over confident or oversmart. Dont be artificial, dont show recruiter that you are over cool...be that person who you are. If you dont know any answer dont give wrong answers just say that you don't aware of these you will learn. Overall interview i should be reflect that you are really seek to learn , gain knowledge and work hard as well as smart.
More about working at Indovance Inc

Indovance Inc Interview FAQs

How many rounds are there in Indovance Inc Business Development Associate interview?
Indovance Inc interview process usually has 1 rounds. The most common rounds in the Indovance Inc interview process are One-on-one Round.

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