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Bizcom consulting Interview Questions and Answers
Ques:- What factors influence the revenue potential of a new pharmaceutical product?
Right Answer:
The revenue potential of a new pharmaceutical product is influenced by factors such as market demand, pricing strategy, competition, regulatory approval, patent protection, marketing effectiveness, target patient population, distribution channels, and reimbursement policies.
Ques:- What will you do when client is asking you to provide something which has no meaning?
Right Answer:
I would ask the client for clarification on their request, explain why it may not have meaning, and suggest alternative solutions that align with their goals.
Ques:- Explain project life cycle?
Right Answer:
The project life cycle consists of five main phases:

1. **Initiation**: Defining the project and obtaining approval.
2. **Planning**: Outlining the project scope, objectives, and creating a roadmap.
3. **Execution**: Implementing the project plan and delivering the project outputs.
4. **Monitoring and Controlling**: Tracking progress and making adjustments as needed.
5. **Closure**: Finalizing all activities, delivering the final product, and closing the project.
Ques:- What do you mean by a prototype? Define analysis prototype
Right Answer:
A prototype is an early model or sample of a product used to test and validate ideas before full-scale development. An analysis prototype is a preliminary version of a system created to explore and clarify requirements, allowing stakeholders to visualize and refine their needs before finalizing the design.
Ques:- What is your planning to complete the project successfully.
Right Answer:
To complete the project successfully, I will:

1. Define clear project goals and objectives.
2. Develop a detailed project plan with timelines and milestones.
3. Allocate resources effectively, ensuring the right skills are in place.
4. Establish a communication plan for regular updates and feedback.
5. Monitor progress closely and adjust the plan as needed.
6. Identify and manage risks proactively.
7. Foster teamwork and collaboration among all stakeholders.
Ques:- How can you manage your job responsibility?
Right Answer:
I manage my job responsibilities by prioritizing tasks, setting clear goals, maintaining open communication with my team, regularly monitoring progress, and being adaptable to changes. I also ensure to delegate effectively and provide support where needed.
Ques:- What are organizational influences?
Right Answer:
Organizational influences are the factors within an organization that affect how projects are managed and executed. These include the organization's culture, structure, policies, processes, resources, and stakeholder expectations.
Ques:- Explain the process of acquiring a client till the loan is disbursed?
Right Answer:
1. **Client Acquisition**: Identify potential clients through marketing, referrals, or networking.
2. **Initial Contact**: Reach out to the client to understand their needs and explain available loan products.
3. **Gather Information**: Collect necessary documentation such as income proof, credit history, and identification.
4. **Loan Application**: Assist the client in filling out the loan application form accurately.
5. **Credit Assessment**: Evaluate the client's creditworthiness by reviewing their financial information and credit score.
6. **Loan Approval**: Submit the application for approval to the underwriting team; they assess the risk and decide on the loan.
7. **Offer Presentation**: Present the loan offer to the client, including terms, interest rates, and repayment options.
8. **Acceptance**: If the client agrees to the terms, they sign the loan agreement.
9. **Disbursement Preparation**: Prepare for disbursement by ensuring all conditions are met and documentation is complete.
10.
Ques:- A bag contains 6 black and 8 white balls. One ball is drawn at random. What is the probability that the ball drawn is white?
Right Answer:
The probability that the ball drawn is white is 8/14 or 4/7.
Ques:- What are types of insurance?
Right Answer:
The main types of insurance are:

1. Health Insurance
2. Life Insurance
3. Auto Insurance
4. Homeowners Insurance
5. Renters Insurance
6. Disability Insurance
7. Liability Insurance
8. Travel Insurance
9. Pet Insurance
10. Business Insurance
Ques:- Why icici securities
Right Answer:
ICICI Securities is a reputable financial services firm known for its strong market presence, diverse product offerings, and commitment to customer service. Joining ICICI Securities would provide opportunities for professional growth, access to a wide range of resources, and the chance to work with a talented team in a dynamic environment.
Ques:- Do u know about market NIFTY, SENSEX etc.
Right Answer:
Yes, NIFTY and SENSEX are stock market indices in India that represent the performance of a selection of stocks. NIFTY includes 50 large companies listed on the National Stock Exchange, while SENSEX includes 30 major companies listed on the Bombay Stock Exchange.
Ques:- Why SMS Country ?
Right Answer:
I am interested in SMS Country because of its innovative approach to communication solutions, strong market presence, and commitment to customer satisfaction. I believe my skills in sales can contribute to the company's growth and help clients effectively utilize SMS services to enhance their business communication.
Ques:- Why data types in all programming languages have some range?Why ritche have disigned first time likethat?Why not a single data type can support all other types?
Asked In :- bizcom consulting,
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