Associate Business Analyst

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Associate Business Analyst Interview Questions and Answers for Freshers

Updated 19 May 2024

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Q1. problem identification - how to reduce per delivery cost from Rs. 75 (hypothetical value).

Ans.

To reduce per delivery cost from Rs. 75, we can focus on optimizing logistics and operational processes.

  • Analyze the current delivery process to identify inefficiencies

  • Implement route optimization software to minimize travel time and fuel consumption

  • Negotiate better rates with suppliers and shipping partners

  • Invest in technology to automate manual tasks and reduce labor costs

  • Streamline inventory management to minimize storage and handling costs

Q2. What are the responsibilities of a business analyst?

Ans.

Business analysts are responsible for analyzing business processes, identifying areas for improvement, and recommending solutions to enhance efficiency and productivity.

  • Gather and analyze data to understand the current state of the business

  • Identify areas for improvement and recommend solutions

  • Collaborate with stakeholders to gather requirements and ensure alignment with business goals

  • Create documentation such as business requirements, process flows, and user stories

  • Facilitate...read more

Q3. why marketing? why merkle? how many credit card transcations happen in a day?

Ans.

Marketing is essential for driving business growth and reaching target audiences. Merkle is a leading marketing agency known for its innovative strategies and results-driven approach.

  • Marketing plays a crucial role in promoting products/services, building brand awareness, and driving sales.

  • Merkle is a reputable marketing agency known for its data-driven approach, personalized marketing strategies, and successful client campaigns.

  • Credit card transactions vary daily based on eco...read more

Q4. famous gold puzzle

Ans.

The famous gold puzzle is a mathematical problem that involves finding the minimum number of weighings needed to identify a fake gold bar among a set of real ones.

  • The puzzle involves a set of gold bars, one of which is fake and weighs either more or less than the real ones.

  • The objective is to identify the fake bar using a balance scale in the minimum number of weighings possible.

  • The solution involves dividing the bars into groups and weighing them against each other to elimin...read more

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Q5. how you handle clients

Ans.

I handle clients by actively listening to their needs, providing clear communication, and building strong relationships.

  • Actively listen to clients to understand their needs and concerns

  • Communicate clearly and effectively to ensure mutual understanding

  • Build strong relationships by being responsive, reliable, and trustworthy

  • Provide excellent customer service and address any issues or concerns promptly

  • Regularly follow up with clients to ensure satisfaction and identify opportuni...read more

Q6. Tell us about wealth management

Ans.

Wealth management involves financial planning, investment management, and other financial services to help individuals grow and protect their wealth.

  • Involves creating a personalized financial plan based on individual goals and risk tolerance

  • Includes investment management to help clients grow their wealth through various investment vehicles

  • Provides services such as retirement planning, estate planning, tax planning, and insurance planning

  • Focuses on long-term financial goals an...read more

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Q7. three quality of you

Ans.

I am a detail-oriented, analytical, and adaptable individual.

  • Detail-oriented: I pay close attention to small details and ensure accuracy in my work.

  • Analytical: I have strong problem-solving skills and can analyze data to make informed decisions.

  • Adaptable: I am flexible and can easily adjust to new situations or changes in priorities.

Associate Business Analyst Jobs

JP Morgan Chase - Associate Business Analyst (8-13 yrs) 8-13 years
JP Morgan Chase
4.0
Business Analyst Associate 3-8 years
JPMorgan Chase
4.0
Mumbai
Associate Business Analyst / Business Analyst 2-7 years
Novo Nordisk
4.1
Bangalore / Bengaluru
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