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Boatload Minds Interview Questions and Answers

Updated 6 Sep 2024
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Q1. Tell me something about multimedia and how exactly it is used in business perception

Ans.

Multimedia is the use of different forms of media to convey information in a business context.

  • Multimedia includes a combination of text, audio, video, graphics, and animation.

  • It is used in business for marketing, advertising, training, and presentations.

  • Examples of multimedia in business include product demos, explainer videos, webinars, and interactive presentations.

  • Multimedia can enhance engagement, improve understanding, and increase retention of information.

  • It is importan...read more

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Q2. What is Debit Balance in AP?

Ans.

Debit balance in AP refers to the amount owed by the company to its vendors or suppliers.

  • Debit balance is the opposite of credit balance in accounts payable.

  • It represents the amount that the company owes to its vendors or suppliers.

  • Debit balance can occur due to delayed payments or overpayments.

  • It is important to reconcile debit balances regularly to avoid any discrepancies.

  • Examples of debit balance in AP include unpaid invoices, credit memos, and unapplied payments.

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Q3. What is cTR in Amazon ads?

Ans.

CTR stands for Click-Through Rate in Amazon ads, which measures the percentage of clicks on an ad compared to the number of times it was shown.

  • CTR is calculated by dividing the number of clicks on an ad by the number of times the ad was shown, then multiplying by 100 to get a percentage.

  • A high CTR indicates that the ad is relevant and engaging to the audience, while a low CTR may indicate that the ad needs to be optimized.

  • For example, if an ad was shown 100 times and received...read more

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Q4. Non PO and PO invoice difference

Ans.

Non PO invoices are not associated with a purchase order, while PO invoices are tied to a specific purchase order.

  • Non PO invoices are typically used for one-time purchases or services.

  • PO invoices are used for recurring purchases or services.

  • Non PO invoices require additional approval processes.

  • PO invoices are automatically approved if they match the purchase order.

  • Examples of Non PO invoices include office supplies, travel expenses, and consulting fees.

  • Examples of PO invoices...read more

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Q5. What is CVR inAmazon ads?

Ans.

CVR in Amazon ads stands for Conversion Rate, which is the percentage of ad clicks that result in a desired action, such as a purchase.

  • CVR is calculated by dividing the number of conversions by the number of ad clicks and multiplying by 100.

  • A high CVR indicates that the ad is effective in driving conversions.

  • Monitoring CVR is important for optimizing ad campaigns and maximizing ROI.

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Q6. How to optimise campaigns?

Ans.

Optimising campaigns involves analyzing data, testing different strategies, and making adjustments to improve performance.

  • Analyze campaign data to identify trends and patterns

  • Test different messaging, visuals, and targeting strategies

  • Monitor key performance indicators (KPIs) such as click-through rates and conversion rates

  • Make data-driven decisions to optimize campaign performance

  • Adjust budgets and targeting based on performance data

  • Utilize A/B testing to compare different ca...read more

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Q7. What is cPC ?

Ans.

CPC stands for Cost Per Click, a metric used in online advertising to measure the cost of each click on an advertisement.

  • CPC is calculated by dividing the total cost of a campaign by the number of clicks it receives.

  • It is an important metric in online advertising as it helps advertisers understand the effectiveness of their campaigns.

  • For example, if a campaign costs $100 and receives 50 clicks, the CPC would be $2 ($100 / 50 clicks).

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Q8. Real case example given

Ans.

Analyzing a real case example to demonstrate problem-solving skills

  • Identify the key issues in the case

  • Analyze the data provided and relevant information

  • Develop a strategic plan or solution based on analysis

  • Consider potential risks and benefits of the proposed solution

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Q9. 3 way match concept

Ans.

The 3 way match concept is a process of matching the purchase order, invoice, and receiving report to ensure accuracy and prevent fraud.

  • The purchase order is created by the buyer and includes details such as quantity, price, and delivery date.

  • The receiving report is created by the receiver and confirms that the goods have been received and are in good condition.

  • The invoice is created by the seller and includes details such as the price, quantity, and payment terms.

  • The 3 way m...read more

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Interview Process at Boatload Minds

based on 6 interviews
2 Interview rounds
Technical Round
HR Round
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