Sansco Technologies Retail Head Interview Questions, Process, and Tips

I am currently handling a team of 15 members.

• I am responsible for managing and leading a team of 15 individuals.

• I oversee their daily tasks, provide guidance and support, and ensure their productivity.

• I conduct regular team meetings to discuss goals, address challenges, and foster collaboration.

• I also handle performance evaluations, training, and development opportunities for team members.

• For example, in my previous ro...read more

We are handling a high volume of business, with consistent growth year over year.

• Our current annual revenue is $10 million

• We have seen a 15% increase in sales over the past year

• We have expanded our product line to meet customer demand

• We have opened two new locations in the past year

Our average monthly turnover is $50,000.

• Our business generates a steady income of $50,000 per month.

• Our turnover varies depending on the season and promotions.

• We have seen a 10% increase in turnover since last year.

• Our turnover is in line with industry standards.

• We are constantly looking for ways to increase our turnover.

P&L is calculated by subtracting total expenses from total revenue to determine net profit or loss.

• Total revenue is the sum of all sales and other income.

• Total expenses include all costs incurred in running the business.

• Net profit or loss is the final result after subtracting expenses from revenue.

• P&L statement is also known as income statement or statement of operations.

Budget and incentive plans are prepared by analyzing past performance, setting achievable targets, and aligning incentives with goals.

• Analyze past performance to identify areas of improvement

• Set achievable targets based on market trends and company goals

• Align incentives with goals to motivate employees

• Regularly review and adjust plans as needed

• Communicate plans clearly to all stakeholders