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Trade-offs are inevitable in decision making.
Trade-offs involve sacrificing one thing for another.
They are necessary in decision making when resources are limited.
Examples include choosing between cost and quality, time and money, or short-term and long-term gains.
Effective decision makers weigh the pros and cons of each option before making a choice.
Trade-offs can also be minimized by finding creative solutions or alt...
Yes, people respond to incentives as it motivates them to take action and achieve desired outcomes.
Incentives can be monetary rewards, recognition, promotions, or other benefits.
They create a sense of urgency and encourage individuals to put in extra effort.
For example, offering a sales team a bonus for meeting or exceeding targets can drive them to work harder and close more deals.
Incentives can also foster healthy co...
Rational people consider the benefits and costs of each decision made.
Thinking at the margin means considering the additional benefits and costs of each decision made.
Rational people weigh the pros and cons of each decision before making a choice.
For example, an Area Sales Manager might consider the cost of hiring a new salesperson versus the potential increase in sales revenue.
Thinking at the margin helps to make info...
I applied via Walk-in and was interviewed in May 2021. There was 1 interview round.
I applied via LinkedIn and was interviewed before Aug 2020. There was 1 interview round.
I will differentiate our sales by focusing on customer relationships, tailored solutions, and leveraging data-driven insights.
Build strong relationships with clients through regular follow-ups and personalized communication.
Offer tailored solutions that meet specific customer needs, rather than a one-size-fits-all approach.
Utilize data analytics to identify trends and customer preferences, allowing for targeted marketi...
I appeared for an interview before Dec 2019.
I applied via Referral and was interviewed in Jul 2021. There was 1 interview round.
Led a major restructuring initiative to improve operational efficiency and employee engagement in a retail organization.
Identified inefficiencies in the supply chain that caused delays in product delivery.
Implemented a new inventory management system that reduced stock discrepancies by 30%.
Conducted workshops to train staff on new processes, resulting in a 25% increase in employee satisfaction scores.
Established a feed...
I applied via Job Fair and was interviewed in Oct 2022. There was 1 interview round.
TOM Operator
6
salaries
| ₹2 L/yr - ₹3 L/yr |
Computer Operator
4
salaries
| ₹1.2 L/yr - ₹5 L/yr |
TCS
Accenture
Wipro
Cognizant