MIBM Global Business Development Executive Interview Questions and Answers

Adam Smith is considered the father of economics.

• Adam Smith is a Scottish economist and philosopher.

• He wrote the book 'The Wealth of Nations' in 1776.

• He is known for his ideas on free market economy and division of labor.

• His theories have had a significant impact on modern economics.

Intangible assets are non-physical assets that have no intrinsic value but can generate revenue for a company.

• Examples include patents, trademarks, copyrights, brand recognition, and goodwill.

• They cannot be touched or seen but are valuable assets for a company.

• Intangible assets are often difficult to value and can be subjective.

• They can also be easily duplicated or imitated by competitors.

• Investing in intangible assets...read more

The 4 P's of marketing are Product, Price, Place, and Promotion.

• Product: the item or service being sold

• Price: the cost of the product or service

• Place: the location where the product or service is sold

• Promotion: the marketing and advertising of the product or service

• Example: A company selling a new smartphone would consider the features of the phone (product), the price point (price), where the phone will be sold (place...read more

Introducing the revolutionary new product that will change your life!

• This product is designed to make your daily routine easier and more efficient.

• It is made with high-quality materials that ensure durability and longevity.

• Our product has been tested and proven to be effective by numerous satisfied customers.

• It comes with a satisfaction guarantee, so you can try it risk-free.

• Order now and experience the benefits for yo

Selling products to uneducated parents requires simplifying the product and using relatable language.

• Use simple language and avoid technical jargon

• Focus on the benefits of the product rather than its features

• Use relatable examples to explain how the product works

• Provide visual aids or demonstrations to help them understand

• Be patient and take the time to answer any questions they may have

Introducing the revolutionary new product that will change your life!

• Our product is designed to save you time and money

• It's easy to use and will make your life more convenient

• Our product is backed by a satisfaction guarantee

• Here's an example of how it works: [insert example]