Cluster Manager Interview Questions and Answers for Freshers

ROI calculation for channel partner appointment

• Determine the cost of appointing a channel partner

• Calculate the revenue generated through the channel partner

• Divide revenue by cost to get ROI

• Consider factors like marketing expenses and sales support

• Example: Cost of appointment = $10,000, Revenue generated = $50,000, ROI = 400%

• Example: Marketing expenses = $5,000, Sales support = $2,000

• ROI = (Revenue - Cost - Marketing expenses - Sales support) / Cost

There are various types of insurance available depending on the needs of the individual or organization.

• Life insurance

• Health insurance

• Auto insurance

• Homeowners insurance

• Business insurance

• Travel insurance

• Pet insurance

• Liability insurance

• Disability insurance

• Flood insurance

Insurance is a contract between an individual and an insurance company to protect against financial loss.

• Insurance provides financial protection against unexpected events

• Premiums are paid to the insurance company in exchange for coverage

• Types of insurance include health, auto, home, and life insurance

• Insurance policies have terms and conditions that must be followed to receive benefits

• Insurance helps individuals and businesses manage risk