Assistant Business Manager

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Assistant Business Manager Interview Questions and Answers

Updated 25 Feb 2025

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Q1. Have you sold any SaaS offering before

Ans.

Yes, I have experience selling SaaS offerings in my previous role.

  • Sold SaaS offering to multiple clients, demonstrating its value and benefits

  • Utilized sales techniques to effectively communicate the features and advantages of the SaaS product

  • Negotiated contracts and pricing to close deals successfully

Q2. What is LTV in home loan?

Ans.

LTV stands for Loan-to-Value ratio in home loan.

  • LTV is the ratio of the loan amount to the appraised value of the property.

  • It is used by lenders to determine the risk of the loan.

  • Higher LTV means higher risk for the lender.

  • Lenders usually have a maximum LTV they are willing to lend.

  • For example, if a property is appraised at $100,000 and the loan amount is $80,000, the LTV is 80%.

Q3. How acchive the target

Ans.

Achieving the target requires setting clear goals, creating a strategic plan, monitoring progress, and making adjustments as needed.

  • Set specific, measurable, achievable, relevant, and time-bound (SMART) goals

  • Develop a strategic plan outlining steps to reach the target

  • Monitor progress regularly and make adjustments as needed

  • Motivate and support team members to work towards the target

  • Utilize data and analytics to track performance and make informed decisions

Q4. What's the bucket cases

Ans.

Bucket cases refer to a group of similar cases or issues that can be addressed together.

  • Bucket cases are a collection of related cases that can be managed or solved together.

  • They are often grouped based on similar characteristics or solutions.

  • For example, in a business context, bucket cases could include customer complaints about a specific product or service.

  • By addressing bucket cases together, efficiency and consistency in problem-solving can be improved.

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Q5. What's the legal recovery

Ans.

Legal recovery refers to the process of obtaining compensation or damages through legal means for a wrongdoing or breach of contract.

  • Legal recovery involves filing a lawsuit or claim against the party responsible for the damages.

  • It may include seeking monetary compensation, injunctions, or other forms of relief.

  • Examples of legal recovery include suing a negligent driver for damages in a car accident or seeking compensation for breach of contract.

Assistant Business Manager Jobs

Assistant Business Manager 3-7 years
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₹ 5 L/yr - ₹ 8 L/yr
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4.4
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