LOTS Wholesale Solutions Commercial Associate Interview Questions and Answers

Q1. How do you manage projects, and can you share your experience in resolving conflicts within a team?
Ans. 
I manage projects through structured planning and effective communication, resolving conflicts with empathy and collaboration.
• Utilize project management tools like Asana or Trello for tracking progress and deadlines.

• Conduct regular team meetings to ensure alignment and address any issues early.

• In a previous project, I mediated a conflict between two team members by facilitating a one-on-one discussion to understand the...read more
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Q2. What is the process of transitioning from Purchase Requisition (PR) to Purchase Order (PO), and what is the significance of vendor master data in this context?
Ans. 
The transition from PR to PO involves several steps, with vendor master data playing a crucial role in procurement efficiency.
• 1. Initiation: A Purchase Requisition (PR) is created by a department to request goods or services.

• 2. Approval: The PR goes through an approval process, ensuring budget compliance and necessity.

• 3. Vendor Selection: Based on the PR, the procurement team selects a suitable vendor from the vendor m...read more
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Q1. Roi,market issues,
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Q2. Previous work experience,roles and responsibilities,
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Q1. Scenarios on market challenges and team building
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Q1. Package discussion
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Group

Q1. Basics market knowledge,area knowledge,Self introductions etc
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Q1. Core market knowledge, Area Knowledge, Business analysis,Market trends, competitors knowledge
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Q2. Ms-Excel & powerpoint knowledge, Contribution to business, Territory analysis, situation analysis.
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Q1. Which market do you do? How many years have you been doing marketing?
Ans. 
I have been doing marketing in the electronics industry for 5 years.
• I specialize in the electronics market.

• I have 5 years of experience in marketing.

• I have worked with various electronics brands and products.

• I am familiar with the latest trends and technologies in the electronics industry.
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How many shops do you open and at what time do you open the market? This is how you go from shop to shop and tell what schemes are going on.

All questions are market related and how can build your business

Q1. How can achive your tgt,if market is very slow what is difrance bitween beat and rout
Ans. 
To achieve targets in a slow market, focus on building strong relationships with customers, identifying new opportunities, and adapting strategies.
• Focus on building strong relationships with existing customers to maintain sales

• Identify new opportunities for sales, such as targeting new market segments or offering promotions

• Adapt sales strategies to the current market conditions, such as adjusting pricing or product off...read more
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