10+ Interview Questions and Answers

Business requirements define the overall goals and objectives of a project, functional requirements describe the specific features and functionality needed, and technical requirements outline the technical specifications and constraints.

• Business requirements focus on the high-level goals and objectives of a project, such as increasing revenue or improving customer satisfaction.

• Functional requirements specify the specific features, functions, and behaviors that the system or p...read more

I would rate your stand in customer and market capture as strong.

• Your company has a strong presence in the market with a loyal customer base.

• Your sales figures and market share indicate a successful capture of the market.

• Your customer feedback and reviews are positive, indicating a satisfied customer base.

• Your marketing strategies and campaigns have been effective in reaching and attracting customers.

• Your competitors are not posing a significant threat to your market capture....read more

User Story, Epic, and Feature are terms used in Agile methodology to describe different levels of requirements.

• User Story: A brief description of a feature from the perspective of the end-user.

• Epic: A large body of work that can be broken down into smaller user stories.

• Feature: A functionality that satisfies a specific requirement or business need.

• User stories are the smallest unit of work, epics are larger and can be broken down into user stories, and features are the highes...read more

ePay tax and NSDL payment portal are online platforms for tax payment and financial transactions.

• ePay tax is an online platform that allows individuals and businesses to pay their taxes electronically.

• NSDL payment portal is a secure online platform for making various financial transactions.

• Both platforms provide convenience and efficiency in tax payment and financial transactions.

• They offer multiple payment options, such as net banking, credit/debit cards, and mobile wallets....read more

Yes, audit report should be revised while filing revised ITR.

• Revising the audit report is necessary to ensure accuracy and compliance with the revised ITR.

• Any changes made to the financial statements or tax calculations should be reflected in the audit report.

• Revised audit report provides transparency and clarity to the stakeholders and tax authorities.

• Failure to revise the audit report may lead to penalties or legal consequences.

• Examples of situations requiring revised audit...read more

Oops concepts in C refer to the principles of Object-Oriented Programming in C language.

• Encapsulation - bundling of data and functions that manipulate the data

• Inheritance - creating new classes from existing ones

• Polymorphism - ability of objects to take on multiple forms

• Abstraction - hiding implementation details from the user

• Examples: class, object, inheritance, polymorphism, encapsulation

Profit and loss refer to the financial gains and losses of a business or individual.

• Profit is the positive difference between revenue and expenses.

• Loss is the negative difference between revenue and expenses.

• Profit and loss are important indicators of financial health and performance.

• Profit can be reinvested in the business or distributed to shareholders.

• Losses can be used to offset taxes or carried forward to future years.

• Examples of profit and loss statements include income...read more

Increasing business can be achieved through various strategies and tactics.

• Identify and target new markets or customer segments

• Improve product or service offerings to meet customer needs

• Invest in marketing and advertising to increase brand awareness

• Establish partnerships or collaborations with other businesses

• Implement cost-cutting measures to improve profitability

• Provide excellent customer service to retain existing customers

• Leverage technology to streamline operations and i...read more

Scrum ceremonies are regular meetings held by Scrum teams to plan, review, and adapt their work.

• Scrum ceremonies include Sprint Planning, Daily Scrum, Sprint Review, and Sprint Retrospective.

• Sprint Planning is held at the beginning of each sprint to plan the work to be done.

• Daily Scrum is a daily meeting where team members discuss progress and plan for the day.

• Sprint Review is held at the end of each sprint to review the work done and get feedback from stakeholders.

• Sprint Ret...read more

A business analyst is a professional who analyzes business processes and identifies areas for improvement.

• Gathers and analyzes data to identify business problems and opportunities

• Develops and recommends solutions to improve business processes

• Works closely with stakeholders to understand their needs and requirements

• Creates and maintains documentation of business processes and requirements

• May also be involved in project management and implementation

• Example: A business analyst m...read more

Usability refers to the ease of use and learnability of a product or system.

• Usability is a key factor in user experience and can impact user satisfaction and productivity.

• It involves designing products or systems that are intuitive, efficient, and effective.

• Examples of usability considerations include clear navigation, concise instructions, and error prevention.

• Usability testing is often conducted to evaluate and improve the usability of a product or system.

Online platform for personalized fitness training

• Develop a mobile app and website for users to sign up and create personalized fitness plans

• Offer a wide range of workout routines and exercises for different fitness goals

• Provide access to certified personal trainers for virtual coaching and guidance

• Include features like progress tracking, nutrition advice, and community support

• Monetize through subscription plans and partnerships with fitness equipment brands

Business informatics is the application of information technology to business processes and decision-making.

• It involves analyzing and designing business processes and systems

• It uses data analysis and modeling to improve decision-making

• Examples include enterprise resource planning (ERP) systems and business intelligence (BI) tools

To grow business, focus on customer needs, innovate, expand market reach, and optimize operations.

• Identify customer needs and preferences

• Innovate and offer unique value propositions

• Expand market reach through targeted marketing and partnerships

• Optimize operations to reduce costs and improve efficiency

• Invest in technology and talent development