Piramal Group Management Trainee Interview Questions, Process, and Tips

Porter's model is a framework for analyzing the competitive forces in an industry.

• Porter's model, also known as Porter's Five Forces, was developed by Michael Porter in 1979.

• It helps identify the attractiveness and profitability of an industry by analyzing five competitive forces: threat of new entrants, bargaining power of buyers, bargaining power of suppliers, threat of substitute products or services, and intensity ...read more

The divisibility rule of 3 states that a number is divisible by 3 if the sum of its digits is divisible by 3.

• To prove the divisibility rule of 3, we need to show that any number that satisfies the rule is indeed divisible by 3.

• The rule states that if the sum of the digits of a number is divisible by 3, then the number itself is divisible by 3.

• For example, let's take the number 123. The sum of its digits is 1 + 2 + 3 = ...read more

ROI can be calculated by dividing the net profit from the training program by the total cost of the program and multiplying by 100.

• Calculate the net profit by subtracting the total cost of the program from the revenue generated as a result of the training.

• Divide the net profit by the total cost of the program.

• Multiply the result by 100 to get the ROI percentage.

• For example, if the training program cost $10,000 and gene...read more

Porter's model can be applied to compare B-Schools based on factors like competitive rivalry, bargaining power of students, threat of new entrants, etc.

• Competitive rivalry: Analyze the intensity of competition among B-Schools in terms of rankings, faculty, curriculum, etc.

• Bargaining power of students: Evaluate the influence students have in terms of fees, scholarships, placement opportunities, etc.

• Threat of new entrant...read more