Sigma Slotting Corporation Cadd Designer Interview Questions and Answers

NPV is the present value of expected cash inflows minus the present value of expected cash outflows.

• Identify the expected cash inflows and outflows

• Determine the discount rate

• Calculate the present value of each cash flow

• Subtract the sum of present values of cash outflows from the sum of present values of cash inflows

• The resulting figure is the NPV

Internal Rate of Return (IRR) is the rate at which the net present value of cash flows from an investment equals zero.

• IRR is used to evaluate the profitability of potential investments.

• It takes into account the time value of money and considers all cash flows over the life of the investment.

• IRR is calculated by finding the discount rate that makes the net present value of cash flows equal to zero.

• If the IRR is greater ...read more

I will focus on diversifying our products/services, expanding our customer base, and investing in technology.

• Conduct market research to identify potential new products/services

• Develop a marketing strategy to reach new customers

• Invest in technology to improve efficiency and customer experience

• Collaborate with other companies to expand our reach

• Offer promotions and discounts to attract new customers

Implementing cost-saving techniques can help companies save money.

• Implementing energy-efficient practices

• Reducing waste and recycling materials

• Negotiating better deals with suppliers

• Outsourcing non-core functions

• Automating processes to reduce labor costs

Handling subordinates requires effective communication, delegation, motivation, and feedback.

• Establish clear expectations and goals

• Delegate tasks based on strengths and weaknesses

• Provide regular feedback and recognition

• Encourage open communication and active listening

• Motivate through incentives and rewards

• Address conflicts and issues promptly and professionally

The technique to fulfill company policies depends on the specific policies and goals of the company.

• Identify the policies and goals of the company

• Develop a plan to achieve those policies and goals

• Implement the plan through effective communication and collaboration with employees

• Regularly evaluate progress and adjust the plan as needed