McNROE Interview Questions, Process, and Tips

Assuming one executive can visit 75 shops per month, 40 executives are needed.

• One executive can visit 75 shops per month (1500/2/75 = 10 executives)

• To cover all shops, 10 executives are needed

• To ensure each shop is visited twice a month, 20 executives are needed

• Total number of executives needed is 10 + 20 = 30

• Assuming some executives may not be available at all times, 40 executives should be hired

The first priority would be to conduct market research to understand the needs and preferences of the new customer segment.

• Conduct market research to understand the new customer segment

• Identify the unique needs and preferences of the new customer segment

• Develop a targeted marketing strategy to reach the new customer segment

• Train the sales team to effectively sell to the new customer segment

• Establish relationships with ...read more

Expanding market to another country requires thorough research, planning, and execution.

• Conduct market research to identify potential opportunities and challenges

• Develop a comprehensive business plan that includes financial projections, marketing strategies, and legal requirements

• Establish partnerships with local distributors, suppliers, and other stakeholders

• Ensure compliance with local laws and regulations

• Adapt produ...read more

A product is a tangible item while a solution is a combination of products and services that solve a customer's problem.

• A product is a physical item that can be sold on its own, while a solution is a combination of products and services that work together to solve a customer's problem.

• A solution is more customer-focused and takes into account the customer's specific needs and challenges.

• For example, a laptop is a produ...read more

To achieve target, one needs to set specific goals, create a plan, track progress, and make necessary adjustments.

• Set specific and measurable goals

• Create a plan with actionable steps

• Track progress regularly

• Make necessary adjustments to the plan

• Stay motivated and focused

• Collaborate with team members

• Identify and address obstacles

• Continuously learn and improve

• Stay up-to-date with industry trends and competition