Kotak Mahindra Prime Assistant Acquisition Manager Interview Questions and Answers

LTV stands for Lifetime Value, and it is calculated by determining the total revenue a customer will generate over their entire relationship with a company.

• LTV is calculated by multiplying the average value of a sale by the number of repeat transactions and the average retention time of a customer.

• For example, if the average sale value is $100, a customer makes 5 repeat transactions, and the average retention time is 2...read more

ROI refers to Return on Investment, a financial metric used to evaluate the profitability of an investment.

• ROI is calculated by dividing the net profit of an investment by the initial cost of the investment.

• It is usually expressed as a percentage.

• For example, if you invest $1000 in a project and it generates a profit of $200, the ROI would be 20%.

CIBIL score is a 3-digit numerical representation of an individual's creditworthiness based on their credit history.

• CIBIL score ranges from 300 to 900, with higher scores indicating better creditworthiness.

• It is calculated based on an individual's credit history, including credit card usage, loan repayments, etc.

• Lenders use CIBIL scores to assess the risk of lending money to an individual.

• A good CIBIL score can help in

My name is John Smith.

• Full name is John Smith

• Common name

• Easy to remember

I studied Business Administration with a focus on finance and marketing.

• Bachelor's degree in Business Administration

• Specialization in finance and marketing

• Courses in financial analysis and market research

• Internship at a financial institution

I will manage the collection process by implementing a systematic approach, tracking payments, following up with customers, and escalating issues when necessary.

• Implementing a systematic approach to track payments and monitor outstanding balances

• Following up with customers regularly to ensure timely payments

• Escalating collection issues to higher management or legal department if necessary

• Offering payment plans or negot...read more

My solid skill is building and maintaining strong relationships with clients, which can benefit the company by increasing customer retention and satisfaction.

• Excellent communication and interpersonal skills

• Ability to understand and meet client needs

• Proven track record of client retention and growth

• Experience in developing and implementing client relationship strategies

I expect a supportive work environment, opportunities for growth, and clear communication.

• Supportive work environment

• Opportunities for growth

• Clear communication

Yes, I have a dedicated team for my product.

• I have a team of sales representatives who focus on selling the product

• I have a team of customer service representatives who handle inquiries and issues related to the product

• I have a team of product developers who work on improving and enhancing the product

• I have a team of marketing professionals who promote the product through various channels

The collection purpose refers to the reason for gathering or accumulating certain items or information.

• Collection purpose helps in determining the intended use of the collected data.

• It ensures that the collected items or information are relevant and necessary for a specific purpose.

• Examples of collection purposes include market research, customer profiling, data analysis, and record-keeping.

• Collection purpose also help...read more