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MTR Foods

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Z X Learning Interview Questions and Answers

Updated 17 Feb 2024

Q1. If your monthly target for sales is upto Rs. 1 lakh to the distributor, and the distributor asks you a favour (as bribe) of Rs. 20,000 in advance, what will you do?

Ans.

I would refuse the bribe and maintain my integrity.

  • I would politely decline the distributor's request for a bribe.

  • I would explain that I am committed to conducting business ethically and maintaining the company's reputation.

  • I would emphasize the importance of building a long-term, trust-based relationship with the distributor.

  • I would explore alternative ways to support the distributor's needs without resorting to bribery, such as offering additional sales support or finding m...read more

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Q2. What are the key factor of increase sale

Ans.

Key factors for increasing sales include effective marketing, strong customer relationships, competitive pricing, and product quality.

  • Effective marketing strategies to reach target audience

  • Building strong customer relationships through excellent service

  • Competitive pricing to attract price-sensitive customers

  • High-quality products that meet customer needs and expectations

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Q3. When asset should be put to use

Ans.

Assets should be put to use when they can generate revenue or provide value to the organization.

  • Assets should be put to use when they are fully operational and can contribute to the organization's goals.

  • Consider the cost of holding onto the asset versus the potential benefits of putting it to use.

  • Regular maintenance and monitoring of assets are essential to ensure they are ready to be put to use.

  • Examples include machinery being used in production, vehicles being used for tran...read more

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Q4. What is asset, liability and equity

Ans.

Assets are resources owned by a company, liabilities are debts or obligations, and equity is the difference between assets and liabilities.

  • Assets include cash, inventory, equipment, and investments.

  • Liabilities include loans, accounts payable, and bonds payable.

  • Equity represents the owner's stake in the business and is calculated as assets minus liabilities.

  • Assets = Liabilities + Equity is the fundamental accounting equation.

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Q5. What is revenue and capital expenses

Ans.

Revenue is income generated from the sale of goods or services, while capital expenses are investments in assets that provide long-term benefits.

  • Revenue is the money a company earns from selling its products or services

  • Capital expenses are investments in assets like buildings, equipment, or technology

  • Revenue is typically recurring and essential for the day-to-day operations of a business

  • Capital expenses are one-time investments that provide long-term benefits and are recorded...read more

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Q6. is customer or company's satisfication important

Ans.

Both customer and company satisfaction are important for long-term success and growth.

  • Customer satisfaction is crucial for building loyalty and repeat business.

  • Company satisfaction ensures efficient operations and employee morale.

  • Balancing both is key to sustainable success in sales.

  • Examples: Offering excellent customer service while also meeting company sales targets.

  • Examples: Ensuring customer needs are met while also maintaining profitability.

  • Examples: Implementing feedbac...read more

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Q7. How to launch product

Ans.

Launching a product requires a strategic plan and execution.

  • Conduct market research to identify target audience and competition

  • Develop a unique value proposition and messaging

  • Create a comprehensive marketing plan including advertising, PR, and social media

  • Train sales team on product features and benefits

  • Offer promotions or incentives to encourage early adoption

  • Track and analyze sales data to make adjustments as needed

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Q8. how will you sell a product

Ans.

I will sell a product by understanding the customer's needs, highlighting the product's benefits, and building a strong relationship.

  • Understand the customer's needs and pain points

  • Highlight the product's unique features and benefits

  • Build a strong relationship with the customer to gain trust and credibility

  • Provide excellent customer service and support

  • Offer demonstrations or trials to showcase the product's value

  • Follow up with customers to address any concerns or questions

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