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Bis research Interview Questions and Answers
Ques:- What is the difference btween olap and oltp?
Right Answer:
OLAP (Online Analytical Processing) is used for analyzing large volumes of data for reporting and decision-making, while OLTP (Online Transaction Processing) is used for managing day-to-day transactional data and operations.
Ques:- What was your achievement with the previous company?
Right Answer:
In my previous company, I successfully led a project that improved our software's performance by 30%, resulting in increased customer satisfaction and a 15% boost in sales.
Ques:- What is sales and marketing?
Right Answer:
Sales and marketing are two related but distinct activities. Marketing involves promoting and creating awareness of a product or service to attract potential customers, while sales is the process of directly engaging with those customers to persuade them to purchase the product or service.
Ques:- Why do you want to change the current organization
Right Answer:
I want to change my current organization to seek new challenges, grow my skills, and find opportunities that align better with my career goals and values.
Ques:- How you had celebrated your last birthday?
Right Answer:
I celebrated my last birthday with a small gathering of friends and family at my home. We had dinner together, shared some laughs, and enjoyed a cake. It was a relaxed and joyful day.
Ques:- A major auto service chain has enjoyed healthy returns on its 30-store operation for the past 10 years. However, management feels that the chain needs to expand, as the current geographical areas in which they are based have become saturated. For the past couple of years, they have aggressively pursued a growth strategy, opening an additional 15 stores. However, it seems that this approach has had negative returns. For the first time in over a decade, the chain’s profits dropped into the negative zone. You were hired to figure out why.
Right Answer:

The negative returns could be due to several factors: oversaturation in new markets, inadequate market research leading to poor location choices, increased competition, higher operational costs, or a lack of brand recognition in the new areas. Additionally, the rapid expansion may have stretched resources thin, impacting service quality and customer satisfaction. A thorough analysis of each new location's performance, customer feedback, and market conditions is necessary to identify the specific issues.

Ques:- For a Fuel station convenience store, what is the optimal layout for where different types of goods are arranged within the store?
Right Answer:
The optimal layout for a fuel station convenience store should include:

1. **Entrance Area**: Snacks and beverages near the entrance for quick grabs.
2. **High-Demand Items**: Essentials like bread, milk, and eggs in a central location for easy access.
3. **Impulse Items**: Candy and small items near the checkout counter to encourage last-minute purchases.
4. **Seasonal Products**: Display seasonal items prominently to attract attention.
5. **Clear Aisles**: Ensure wide aisles for easy movement and visibility of products.
6. **Restroom Access**: Clearly marked restrooms for customer convenience.

This layout maximizes customer flow and encourages purchases.
Ques:- A leverage buyout firm is considering buying a company that owns proprietary database of real time Federal Aviation Administration database on every commercial flight in America and its current flight status. Should they buy the company?
Right Answer:
Yes, they should consider buying the company if the database provides valuable insights, has a competitive advantage, and can generate revenue through licensing or services.
Ques:- Supplies Mate, a distributor of office supplies in Central London, has experienced declining profitability over the past five years. How can the distributor address this profitability trend?
Right Answer:
Supplies Mate can address declining profitability by implementing the following strategies:

1. **Cost Reduction**: Analyze and reduce operational costs, including supplier negotiations and inventory management.
2. **Product Diversification**: Expand the product range to include high-demand or niche items that can attract new customers.
3. **Pricing Strategy**: Review and adjust pricing strategies to ensure competitiveness while maintaining margins.
4. **Improve Marketing**: Enhance marketing efforts to reach new customers and increase brand awareness, possibly through digital marketing.
5. **Customer Engagement**: Strengthen customer relationships through loyalty programs and personalized services to increase repeat business.
6. **Streamline Operations**: Optimize supply chain and logistics to improve efficiency and reduce waste.
7. **Technology Adoption**: Invest in technology to automate processes and improve customer experience, such as an e-commerce platform.
Ques:- A company is having a cash flow problem and needs to reduce its costs, otherwise it will have to lay off staff. How should the company proceed?
Right Answer:
The company should analyze its expenses to identify non-essential costs that can be reduced or eliminated, negotiate better terms with suppliers, consider temporary salary reductions or furloughs instead of layoffs, and explore ways to increase revenue, such as improving sales strategies or offering promotions.
Ques:- What can you do for this company?
Right Answer:
I can leverage my skills in data analysis and project management to drive informed decision-making, improve operational efficiency, and foster strong relationships with stakeholders, ultimately contributing to the company's growth and success.
Ques:- What is change management and change request
Right Answer:
Change management is the process of handling changes in a project or organization in a structured way to minimize disruption and ensure that changes are implemented smoothly. A change request is a formal proposal to modify any aspect of the project, such as scope, schedule, or resources, which must be reviewed and approved before implementation.
Ques:- What do you do to compress the time frame when delay occurred
Right Answer:
To compress the time frame when a delay occurs, I would prioritize tasks, reallocate resources, implement parallel processing where possible, and negotiate with stakeholders for flexibility on deadlines or scope adjustments.
Ques:- Explain your methods for resource allocation.
Right Answer:
My methods for resource allocation include:

1. **Assessing Project Requirements**: Understanding the scope and specific needs of the project.
2. **Identifying Resources**: Listing available resources, including team members, tools, and budget.
3. **Prioritizing Tasks**: Determining which tasks are critical and need immediate attention.
4. **Matching Resources to Tasks**: Assigning the right resources based on skills and availability.
5. **Monitoring and Adjusting**: Continuously tracking progress and reallocating resources as needed to address any issues or changes in project scope.
Ques:- What distinguishes a project from routine operations?
Right Answer:
A project is a temporary endeavor with a specific goal and defined start and end dates, while routine operations are ongoing, repetitive tasks that support the organization's day-to-day functions.
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