Senior Business Executive

Senior Business Executive Interview Questions and Answers

Updated 13 Nov 2024
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Q1. How do you sell any product, plz explained?

Ans.

Selling a product involves understanding the customer's needs, highlighting the product's benefits, and creating a sense of urgency.

  • Identify the target audience and their pain points

  • Highlight the unique features and benefits of the product

  • Create a sense of urgency through limited time offers or scarcity

  • Provide social proof through customer testimonials or case studies

  • Offer a guarantee or return policy to reduce risk for the customer

Q2. How was thes risk identified and mitigated

Ans.

The risk was identified through thorough analysis and mitigated by implementing proactive measures.

  • Risk was identified through comprehensive risk assessment and analysis

  • Mitigation strategies were developed based on the identified risks

  • Proactive measures were implemented to reduce the impact of potential risks

  • Regular monitoring and review of risk mitigation strategies were conducted

  • Continuous improvement and adjustment of mitigation plans based on changing circumstances

Q3. Give an example if business case handled end to end

Ans.

Implemented a new CRM system for a multinational company, resulting in increased efficiency and customer satisfaction.

  • Identified the need for a new CRM system to streamline customer interactions

  • Researched and evaluated different CRM software options

  • Collaborated with IT team to customize and implement the chosen CRM system

  • Provided training to employees on how to use the new system effectively

  • Monitored and analyzed the impact of the new CRM system on business operations and cus...read more

Q4. Channel sales experience and past achivement

Ans.

I have extensive channel sales experience and have consistently exceeded targets. For example, in my previous role, I increased channel sales revenue by 25% in one year.

  • I have worked in channel sales for X years

  • I have consistently exceeded sales targets in this role

  • In my previous role, I achieved a 25% increase in channel sales revenue in one year

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Q5. What is Shriram Finance ?

Ans.

Shriram Finance is a leading non-banking financial company (NBFC) in India, providing various financial services.

  • Shriram Finance is a subsidiary of Shriram Group, a prominent conglomerate in India.

  • It offers a wide range of financial products and services including vehicle loans, personal loans, business loans, and insurance.

  • The company has a strong presence in rural and semi-urban areas, catering to the financial needs of individuals and small businesses.

  • Shriram Finance has a...read more

Q6. What products we sell ?

Ans.

We sell a wide range of products that cater to various industries and consumer needs.

  • Electronics and appliances

  • Home and kitchen essentials

  • Fashion and accessories

  • Health and wellness products

  • Automotive and industrial supplies

  • Beauty and personal care items

  • Sports and outdoor equipment

  • Books and entertainment

  • Groceries and household items

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Q7. How achivement in Target

Ans.

Achievement in target is accomplished through setting clear goals, creating a strategic plan, monitoring progress, and making adjustments as needed.

  • Set specific, measurable, achievable, relevant, and time-bound (SMART) goals

  • Develop a strategic plan outlining steps to reach the target

  • Regularly monitor progress towards the target

  • Make adjustments to the plan as needed to stay on track

  • Celebrate milestones and successes along the way

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