Contractor Associate

Contractor Associate Interview Questions and Answers

Updated 24 Jan 2025
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Q1. How amny types of kathe machine ?

Ans.

There are various types of lathe machines used in machining operations.

  • Types of lathe machines include engine lathe, turret lathe, CNC lathe, and special purpose lathe.

  • Engine lathe is the most common type used for general purpose turning operations.

  • Turret lathe has a turret tool holder for quick tool changes.

  • CNC lathe is controlled by a computer and is capable of complex operations.

  • Special purpose lathe is designed for specific machining tasks.

  • Other types include automatic la...read more

Q2. How can describe about sell

Ans.

Selling involves persuading customers to purchase a product or service by highlighting its benefits and value.

  • Understand the customer's needs and preferences

  • Highlight the unique features and benefits of the product or service

  • Build rapport and trust with the customer

  • Overcome objections and address concerns

  • Close the sale by asking for the customer's commitment

  • Follow up with the customer to ensure satisfaction and encourage repeat business

Q3. What is Materialty

Ans.

Materiality is the concept of determining the significance or importance of information in relation to a decision or financial statement.

  • Materiality helps in deciding what information should be included in financial statements

  • It is based on the impact that the information could have on the decision-making process of users

  • Materiality is subjective and can vary depending on the context and circumstances

  • For example, a small error in financial statements may not be considered mat...read more

Q4. Different types of opinions

Ans.

Different types of opinions include subjective, objective, expert, and lay opinions.

  • Subjective opinions are based on personal feelings or beliefs.

  • Objective opinions are based on facts and evidence.

  • Expert opinions are given by professionals with specialized knowledge.

  • Lay opinions are given by non-experts or the general public.

  • Examples: A movie review can be a subjective opinion, a scientific study can provide an objective opinion, a doctor's diagnosis is an expert opinion, and...read more

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