Sapours Technologies Associate Consultant Interview Questions and Answers

Pricing is determined based on various factors such as production cost, competition, demand, and target market.

• Production cost is a major factor in determining the price of a product or service.

• Competition also plays a role in pricing as businesses need to remain competitive in the market.

• Demand for the product or service can also impact pricing, with higher demand leading to higher prices.

• Target market is another impo...read more

Business process cycle is a series of steps that a business follows to complete a task or achieve a goal.

• It involves planning, executing, monitoring, and optimizing processes.

• It can be applied to various business functions such as sales, marketing, production, and customer service.

• Examples include the order-to-cash cycle, procure-to-pay cycle, and hire-to-retire cycle.

• It helps businesses improve efficiency, reduce cost