Actis Generic Interview Questions and Answers

The number of quotations taken before evaluation depends on the complexity of the purchase and the urgency of the requirement.

• The number of quotations may vary based on the budget allocated for the purchase.

• For routine purchases, 3-5 quotations may be sufficient for evaluation.

• For high-value or complex purchases, more quotations may be required to ensure the best deal.

• Consider factors such as quality, price, delivery time, and terms and conditions when evaluating quotations.

The basic rule of purchase is to obtain goods or services at the best possible price, quality, and terms to meet the needs of the organization.

• Identify the needs of the organization

• Research and evaluate potential suppliers

• Negotiate prices, terms, and contracts

• Ensure timely delivery and quality of goods/services

• Maintain good relationships with suppliers

Handle many customers by prioritizing tasks, delegating responsibilities, utilizing technology, and providing excellent customer service.

• Prioritize tasks based on urgency and importance

• Delegate responsibilities to team members to ensure all customers are attended to

• Utilize technology such as CRM systems to manage customer interactions efficiently

• Provide excellent customer service to build loyalty and satisfaction

• Implement self-service options to reduce workload on staff

Negotiable based on job responsibilities, industry standards, and benefits package.

• Compensation is based on factors such as job responsibilities, industry standards, and benefits package.

• Open to discussing compensation based on the overall package offered.

• Seeking a fair and competitive salary based on market research and experience.

• Flexible on compensation depending on the opportunities for growth and development.

To handle any problem, it is important to stay calm, analyze the situation, brainstorm solutions, seek help if needed, and take action.

• Stay calm and composed to think clearly

• Analyze the problem to understand its root cause

• Brainstorm potential solutions and evaluate their feasibility

• Seek advice or assistance from colleagues or experts if necessary

• Take decisive action to address the problem effectively

Quality is the measure of excellence or superiority of a product or service.

• Quality is meeting or exceeding customer expectations.

• It involves consistency, reliability, and conformance to requirements.

• Quality can be measured through metrics such as defect rates, customer satisfaction, and on-time delivery.

• Continuous improvement is essential for maintaining and enhancing quality.

• Examples of quality include a durable smartphone, a reliable car, or a delicious meal at a restauran...read more