Oracle Financial Services Software BID Manager Interview Questions and Answers

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Q1. Tell how owuld you handle an Application Maintenance Requirement
Ans. 
I would prioritize tasks based on criticality, allocate resources efficiently, and ensure timely resolution.
• Assess the scope and impact of the maintenance requirement

• Prioritize tasks based on criticality and impact on business operations

• Allocate resources efficiently to address the maintenance needs

• Ensure timely resolution to minimize downtime and disruptions

• Communicate effectively with stakeholders to manage expectati
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Q2. Explain various pricing stucture
Ans. 
Various pricing structures include cost-plus pricing, value-based pricing, and competitive pricing.
• Cost-plus pricing involves calculating the cost of production and adding a markup for profit.

• Value-based pricing is determined by the perceived value of the product or service to the customer.

• Competitive pricing is setting prices based on what competitors are charging for similar products or services.
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Q3. Tell me about yourself
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Q4. Explain what you have done in your pervious company
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Q5. How would handle a given situation
Ans. 
I would handle the situation by first assessing the problem, developing a plan of action, and communicating effectively with all stakeholders.
• Assess the situation to understand the root cause

• Develop a plan of action with clear objectives and timelines

• Communicate effectively with all stakeholders to ensure alignment and collaboration
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It was good easy to crack

Medium level difficulty

Q1. Basic Java question
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Q2. What is Virtual Machine
Ans. 
A virtual machine is a software-based emulation of a physical computer that can run operating systems and applications.
• Virtual machines allow multiple operating systems to run on a single physical machine

• They provide isolation and security for applications and data

• Examples include VMware, VirtualBox, and Hyper-V
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Q1. Past Bids? Challenges, about pricing models.
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Q1. Overall experience + learning + situational questions
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Q1. CA Life Cycle, Mandatory & Voluntary CA
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Q1. CA events, Business Analysis question
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