Commercial Head

Commercial Head Interview Questions and Answers

Updated 16 Feb 2023
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Q1. What would you choose when it comes to price & volume?

Ans.

I would prioritize volume over price as it can lead to higher revenue and market share.

  • Higher volume can lead to economies of scale and lower production costs

  • Lower prices may attract price-sensitive customers but may not necessarily lead to higher revenue

  • Higher volume can also lead to increased market share and brand recognition

  • Examples: Walmart, Amazon, and Costco prioritize volume over price to maintain their market dominance

Q2. Do you see merit in comparisons of make to order items? If yes, why?

Ans.

Yes, comparisons of make to order items can provide valuable insights into production efficiency and customer demand.

  • Comparisons can help identify areas for improvement in production processes.

  • They can also help determine which products are most popular among customers.

  • Make to order items may have longer lead times and higher costs, so comparisons can help optimize production and pricing strategies.

  • For example, a company may compare the production time and cost of a custom-ma...read more

Q3. What are your Interest areas in commercial function & why?

Ans.

My interest areas in commercial function include market research, strategic planning, and sales management.

  • Market research to identify customer needs and preferences

  • Strategic planning to develop effective business strategies

  • Sales management to drive revenue growth and achieve targets

  • Developing and managing partnerships with key stakeholders

  • Analyzing financial data to make informed business decisions

Q4. What are your key learnings, challenges from contract execution?

Ans.

Key learnings and challenges from contract execution

  • Effective communication with all stakeholders is crucial

  • Clear understanding of terms and conditions is important

  • Timely delivery of goods and services is critical

  • Managing risks and disputes is a challenge

  • Continuous monitoring and evaluation of contract performance is necessary

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Q5. What are your measures to map value chain?

Ans.

Measures to map value chain involve identifying key stakeholders, analyzing their roles and relationships, and assessing the flow of goods and services.

  • Identify key stakeholders in the value chain

  • Analyze the roles and relationships of each stakeholder

  • Assess the flow of goods and services between stakeholders

  • Use tools such as value stream mapping or process mapping to visualize the value chain

  • Continuously monitor and evaluate the value chain to identify areas for improvement

Q6. Can you handal for 700 cr business

Ans.

Yes, I have experience handling businesses of similar size and have the necessary skills to manage a 700 cr business.

  • I have successfully managed a business of 500 cr in my previous role

  • I have a strong understanding of the market and industry trends

  • I have a proven track record of achieving targets and driving growth

  • I have a team of experienced professionals who can support me in managing the business

  • I am confident in my ability to handle the challenges that come with managing ...read more

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Q7. How can you controll rejections

Ans.

To control rejections, focus on improving product quality, enhancing customer service, and implementing effective sales strategies.

  • Improve product quality to minimize defects and customer dissatisfaction

  • Enhance customer service to address and resolve customer concerns promptly

  • Implement effective sales strategies to identify and target the right customers

  • Provide comprehensive training to sales teams to improve their selling skills

  • Analyze rejection data to identify patterns and...read more

Q8. How many year exprence

Ans.

I have X years of experience in commercial roles.

  • I have worked in various commercial roles for X years.

  • My experience includes sales, marketing, and business development.

  • I have experience in both B2B and B2C industries.

  • I have worked for companies of various sizes, from startups to large corporations.

  • I have a proven track record of achieving sales targets and driving revenue growth.

  • I am constantly learning and adapting to new market trends and technologies.

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