Network 18 Product Manager Interview Questions and Answers

Q1. How do you prioritise when you have limited resources?
Ans. 
I prioritize based on impact, urgency, and alignment with company goals.
• Evaluate the potential impact of each task or project on overall goals

• Consider the urgency of each task and its deadline

• Align priorities with company objectives and strategies

• Communicate with stakeholders to understand their needs and expectations

• Use tools like priority matrices or project management software to organize and track priorities
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Q1. What are the challenges you faced in your last organization?
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Related to media product, handling an event and revenue

About your background experience and learnings. Why media industry?

Q1. Basic questions and they cheking your behavioural Attitude
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Q1. Related to your previous company and P&L, Cogs, Ebidta...
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Q1. All questions from basic to higher level, Case study, Appetitude Test.
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Questions related to your daily life

Q1. Difference between Sales & Marketing
Ans. 
Sales focuses on selling products or services to customers, while marketing involves creating awareness and interest in those products or services.
• Sales involves direct interaction with customers to make a sale, while marketing involves creating strategies to attract and retain customers.

• Sales is more focused on short-term goals and transactions, while marketing is focused on long-term relationships and brand building.

• ...read more
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Q2. 4 P's of Marketing
Ans. 
The 4 P's of marketing are Product, Price, Place, and Promotion.
• Product: Refers to the actual goods or services being offered to customers.

• Price: The amount customers are willing to pay for the product or service.

• Place: The locations where the product or service is available for customers to purchase.

• Promotion: The marketing strategies used to promote and sell the product or service.
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Q3. Internship experience
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Q1. Share your exp on operations management
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Q2. What interests you most
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Q3. Challenging tasks
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Q1. Tell me about yourself?
Ans. 
Experienced professional with a background in management and a proven track record of leading teams to success.
• Over 5 years of experience in management roles

• Strong leadership skills demonstrated through successful team projects

• Excellent communication and problem-solving abilities

• Bachelor's degree in Business Administration from XYZ University

• Previous experience as a Team Leader at ABC Company
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Q2. Information about previous EXP?
Ans. 
I have 5 years of experience in retail management, including 2 years as an Assistant Manager.
• 5 years of experience in retail management

• 2 years as an Assistant Manager

• Strong leadership and team management skills

• Experience in inventory management and sales forecasting
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Q1. Salary discussion
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Q2. Tell about notice period
Ans. 
Notice period refers to the amount of time an employee must give before leaving a job.
• Notice period is typically stated in the employment contract.

• It can range from a few weeks to several months depending on the company and position.

• During the notice period, the employee is expected to work as usual and hand over responsibilities.

• Some companies may allow employees to buy out their notice period by paying a fee.

• Failure ...read more
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