Otis Elevator Interview Questions and Answers

Common shares represent ownership in a company and typically come with voting rights, while preferred shares have priority over common shares in terms of dividends and assets.

• Common shares give shareholders voting rights in a company's decisions.

• Preferred shares have priority over common shares in receiving dividends and assets in case of liquidation.

• Common shares are more volatile in terms of price fluctuations compared to preferred shares.

• Preferred shares often have a fixed...read more

Disputes among coworkers should be addressed promptly and fairly to maintain a positive work environment.

• Encourage open communication between coworkers to address and resolve disputes effectively.

• Implement a clear conflict resolution process to handle disputes in a timely manner.

• Promote a culture of respect and collaboration to prevent conflicts from escalating.

• Seek mediation or intervention from HR if disputes cannot be resolved internally.

• Document all disputes and resolutio...read more

Amortization is the process of spreading out the cost of an intangible asset over its useful life, while depreciation is the allocation of the cost of a tangible asset over its useful life.

• Amortization is used for intangible assets such as patents, copyrights, and trademarks.

• Depreciation is used for tangible assets such as buildings, machinery, and vehicles.

• Both amortization and depreciation help in matching the expenses of an asset with the revenue it generates over time.

Cashflow is the movement of money in and out of a business, representing the net amount of cash being transferred.

• Cashflow is crucial for assessing the financial health of a company.

• Positive cashflow means more money is coming in than going out.

• Negative cashflow indicates more money is going out than coming in.

• Cashflow can be affected by factors such as sales, expenses, investments, and loans.

• Cashflow statement is a financial report that shows the inflow and outflow of cash o...read more

Hedge funds are investment funds that use various strategies to maximize returns for their investors.

• Hedge funds are typically only available to accredited investors due to their complex and risky nature.

• They often use leverage and derivatives to amplify returns, but this also increases the risk of losses.

• Hedge funds charge both a management fee (usually 2%) and a performance fee (usually 20%) based on profits earned.

• Some famous hedge funds include Bridgewater Associates, Ren...read more