RBM Interview Questions and Answers

To overcome economic loss during Covid lockdown, one can explore alternative sources of income and seek financial assistance.

• Explore alternative sources of income such as online freelancing, selling products online, or starting a small business from home

• Seek financial assistance from government programs, non-profit organizations, or banks offering loans with low interest rates

• Reduce expenses by cutting unnecessary costs and prioritizing essential needs

• Consider upskilling or r...read more

Diversify revenue streams, reduce expenses, and adapt to new market demands.

• Explore new business opportunities and revenue streams

• Reduce expenses by cutting unnecessary costs

• Adapt to new market demands by pivoting business model

• Invest in digital marketing and e-commerce

• Collaborate with other businesses to create new products or services

• Offer discounts or promotions to attract customers

• Apply for government grants or loans

• Consider remote work options to reduce office expenses

Pharma revenue is expected to contribute significantly to the Indian economy.

• The Indian pharmaceutical industry is expected to reach $100 billion by 2025.

• The industry contributes to the country's GDP and provides employment opportunities.

• India is the largest provider of generic drugs globally.

• The government's initiatives to promote the industry, such as the 'Pharma Vision 2020' plan, will further boost revenue.

• Pharma revenue is expected to grow due to increasing demand for he...read more

Strategies to effectively manage relationships with dominant market share dealers.

• Understand their strengths: Analyze what makes them successful, such as pricing strategies or customer loyalty programs.

• Build strong relationships: Engage with key decision-makers through regular communication and personalized service.

• Differentiate your offerings: Provide unique products or services that cater to niche markets or unmet needs.

• Leverage partnerships: Collaborate with other business...read more