Senior Business Executive
Senior Business Executive Interview Questions and Answers
Q1. How do you sell any product, plz explained?
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
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
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
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
Q5. What is Shriram Finance ?
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 ?
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
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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