Velite Interview Questions and Answers

Q1. Basics were asked 1. What is the roi formula? 2. What is r.m formula ? 3. What areas previously handled?
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Q2. 1. What is ROI formula ?
Ans. 
ROI formula is used to calculate the return on investment.
• ROI = (Gain from Investment - Cost of Investment) / Cost of Investment

• It is expressed as a percentage

• Example: If you invest $100 and get a return of $120, the ROI would be (120-100)/100 = 20%

• ROI helps in evaluating the profitability of an investment
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Q3. What is the formula for RM
Ans. 
RM formula varies depending on the context it is being used in.
• RM can stand for different things such as Risk Management, Relationship Marketing, or Revenue Management.

• The formula for RM in Risk Management involves calculating the probability of a risk occurring and the impact it would have.

• In Relationship Marketing, the formula for RM involves measuring customer satisfaction and loyalty.

• Revenue Management involves max...read more
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Q1. What is your name
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Q2. Where do you live
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Q3. Basically I am from Nashik and currently I staying near Mumbra station
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Q4. How many years experience you have in retail
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Q5. I have 4 years experience in retail
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Q6. What is your favourite brand in cosmetics
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Q7. My favourite brand is Colorbar
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Q1. Take me through your resume?
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Q2. Situation based questions
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Q3. About projects done in previous organisation
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Q1. Resume based questions
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Q2. About team handling and team management
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How to reduce delivery time of food delivery platform from 45 mins to 30 mins

Q1. Tell me about yourself?
Ans. 
I am a data analyst with a background in statistics and programming, passionate about turning data into actionable insights.
• Background in statistics and programming

• Experience in data analysis and visualization

• Strong problem-solving skills

• Ability to communicate complex findings to non-technical stakeholders
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Q2. Tell me what work you do at your current company?
Ans. 
I analyze data to identify trends, patterns, and insights to support decision-making.
• Analyze large datasets to extract valuable insights

• Create visualizations to communicate findings

• Collaborate with stakeholders to understand business needs

• Use statistical tools and techniques to interpret data

• Present findings and recommendations to management
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Q3. What are your views on beauty?
Ans. 
Beauty is subjective and can be found in various forms, such as nature, art, and human relationships.
• Beauty is subjective and can vary from person to person.

• It can be found in nature, like a breathtaking sunset or a blooming flower.

• Artistic creations, such as paintings, sculptures, and music, can also be considered beautiful.

• Beauty can also be seen in human relationships, acts of kindness, and expressions of love.
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Q1. What are your achievements in your career
Ans. 
I have successfully led a team to exceed sales targets by 20% and implemented a new training program resulting in a 30% increase in employee productivity.
• Exceeded sales targets by 20%

• Implemented new training program resulting in 30% increase in employee productivity

• Received Employee of the Year award for outstanding leadership
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Q2. What are the failures in your career
Ans. 
I have faced failures in my career but have learned valuable lessons from them.
• Lack of effective communication leading to misunderstandings

• Not setting clear goals and priorities

• Taking on too many tasks at once and becoming overwhelmed

• Not seeking help or guidance when needed

• Not adapting to changes in the industry or company
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