ICICI Merchant Service Interview Questions and Answers

Stock refers to inventory on hand, GRN is goods received note, inward is items coming in, outward is items going out.

• Stock is the inventory available in the store at a given time.

• GRN (Goods Received Note) is a document used to confirm the receipt of goods from a supplier.

• Inward refers to the process of receiving items into the store.

• Outward refers to the process of sending items out of the store.

• It is important to maintain accurate records of stock, GRN, inward, and outward t...read more

A fire alarm system is a network of devices that detect and alert people to the presence of smoke, fire, or carbon monoxide in a building.

• Fire alarm systems typically consist of smoke detectors, heat detectors, alarms, and control panels.

• They are designed to quickly detect a fire and alert occupants to evacuate the building.

• Modern fire alarm systems can be connected to monitoring services for immediate response.

• Regular maintenance and testing of fire alarm systems are crucial...read more

Marketing tender is a process where companies invite bids from agencies to provide marketing services.

• Marketing tender is a formal process where companies outline their requirements and invite bids from marketing agencies.

• Agencies submit proposals detailing their approach, strategy, and cost for the project.

• The company evaluates the proposals and selects the agency that best meets their needs.

• Marketing tenders are common in industries where companies require specialized marke...read more

Yes, I am proficient in using all the applications in MS Office suite professionally.

• Proficient in using Word, Excel, PowerPoint, Outlook, and Access

• Experience in creating spreadsheets, presentations, documents, and databases

• Familiar with advanced features like macros, pivot tables, and mail merge

• Ability to troubleshoot and provide technical support for MS Office applications

Managing store/stock involves inventory control, organization, forecasting, and monitoring sales trends.

• Implement inventory management systems to track stock levels and reorder when necessary

• Organize products in a logical manner for easy access and efficient restocking

• Forecast demand based on sales trends and seasonal fluctuations

• Regularly monitor stock levels to prevent overstocking or stockouts

• Train staff on proper stock management procedures to ensure accuracy and efficien...read more