Sme Executive

10+ Sme Executive Interview Questions and Answers

Updated 18 Jun 2024
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Q1. What is Bpo and what do you think about Bpo

Ans.

Bpo stands for Business Process Outsourcing. It involves contracting non-core business functions to a third-party provider.

  • Bpo is a cost-effective way for companies to delegate tasks such as customer service, data entry, and accounting to specialized providers.

  • It allows companies to focus on their core competencies and improve efficiency.

  • Bpo providers are typically located in countries with lower labor costs, such as India and the Philippines.

  • Examples of Bpo companies include...read more

Q2. Difference between percentage and percentile? Give examples where means is greater than median. Case study on payment analytics

Ans.

Percentage represents a proportion out of 100, while percentile represents a specific position in a dataset.

  • Percentage is a relative measure, while percentile is an absolute measure.

  • Percentage is used to compare parts of a whole, while percentile is used to compare a value to a distribution.

  • Examples where mean is greater than median: skewed right distributions, such as income distribution or test scores with a few high outliers.

Q3. What is nomalization? Difference between rank and dense rank? Find nth highest salary

Ans.

Normalization is the process of organizing data in a database to eliminate redundancy and improve data integrity.

  • Normalization helps in reducing data redundancy by breaking down a large table into smaller, more manageable tables.

  • It ensures that each piece of data is stored only once, reducing the chances of inconsistencies.

  • Normalization follows a set of rules called normal forms, such as First Normal Form (1NF), Second Normal Form (2NF), etc.

  • Rank and dense rank are used in SQ...read more

Q4. How willl you improve the engagement metric

Ans.

Improving engagement metric by enhancing communication, providing valuable content, and creating interactive experiences.

  • Enhance communication with regular updates and personalized messages.

  • Provide valuable content that is relevant and interesting to the audience.

  • Create interactive experiences such as polls, quizzes, and live Q&A sessions to increase engagement.

  • Utilize social media platforms to connect with the audience and encourage participation.

  • Analyze data to understand w...read more

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Q5. How, Ixigo works for there customers

Ans.

Ixigo is a travel search engine that helps customers find the best deals on flights, hotels, and transportation.

  • Ixigo aggregates information from various travel websites to provide customers with the most comprehensive search results.

  • Customers can compare prices and book directly through Ixigo's platform.

  • Ixigo also offers features such as fare alerts and trip planning tools to help customers save time and money.

  • For example, a customer can use Ixigo to search for flights from ...read more

Q6. How will you handle customer preference

Ans.

I will handle customer preferences by actively listening to their needs, offering personalized solutions, and continuously seeking feedback for improvement.

  • Actively listen to customer feedback and preferences

  • Offer personalized solutions based on customer preferences

  • Continuously seek feedback for improvement

  • Adapt products or services based on customer preferences

  • Provide excellent customer service to ensure satisfaction

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Q7. What is Nmr spectroscopy

Ans.

NMR spectroscopy is a technique used to study the structure, composition, and dynamics of molecules by analyzing their nuclear magnetic resonance.

  • NMR spectroscopy uses the principle of nuclear magnetic resonance to provide information about the chemical environment and interactions of atoms in a molecule.

  • It involves applying a strong magnetic field to a sample and then measuring the absorption and emission of electromagnetic radiation by the atomic nuclei.

  • The resulting spectr...read more

Q8. What is Accruals and reverseal

Ans.

Accruals are adjustments made to financial statements to ensure expenses and revenues are recorded in the period they occur.

  • Accruals involve recognizing revenues and expenses before cash transactions occur.

  • Accruals help match expenses with revenues in the same accounting period.

  • Accruals are reversed when the actual cash transaction takes place.

  • Example: Accrued salaries are recorded as an expense in the period they are earned, even if they are paid in the following period.

Q9. What is the shrinkage

Ans.

Shrinkage refers to the loss of inventory due to theft, damage, errors, or other factors.

  • Shrinkage can occur in retail stores when items are stolen by customers or employees.

  • Shrinkage can also happen in warehouses due to damaged goods or errors in inventory management.

  • Retailers often track shrinkage as a percentage of sales to monitor and reduce losses.

  • Implementing security measures, improving inventory control, and training staff can help reduce shrinkage.

Q10. What is working capital

Ans.

Working capital is the measure of a company's liquidity and operational efficiency.

  • Working capital is the difference between current assets and current liabilities.

  • It represents the funds available to a company for day-to-day operations.

  • Positive working capital indicates a company's ability to meet short-term obligations.

  • Negative working capital suggests a company may struggle to pay off its debts.

  • Examples of current assets include cash, inventory, and accounts receivable.

  • Cur...read more

Frequently asked in,

Q11. What Full form CRC

Ans.

CRC stands for Cyclic Redundancy Check, a method used to detect errors in data transmission.

  • CRC is a type of hash function used to produce a checksum, which is a small, fixed-size value calculated from a larger set of data.

  • The checksum is then transmitted along with the data and used at the receiving end to check for errors.

  • If the checksum calculated at the receiving end does not match the transmitted checksum, it indicates that errors have occurred during transmission.

  • CRC is...read more

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