Find Interview Questions for Top Companies
Mercer & hole Interview Questions and Answers
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:- WHAT IS SERVICE & TYPES OF SERVICE?
Right Answer:
Service refers to an intangible act or performance that one party offers to another, typically involving assistance or support. The main types of service include:

1. **Personal Services** - Directly related to individual needs (e.g., haircuts, personal training).
2. **Professional Services** - Specialized expertise (e.g., legal advice, consulting).
3. **Business Services** - Support for business operations (e.g., IT support, marketing).
4. **Public Services** - Provided by government or non-profit organizations (e.g., education, healthcare).
5. **Social Services** - Aimed at improving social well-being (e.g., counseling, community support).
Ques:- About service provider
Right Answer:
A service provider is a company or individual that offers services to clients or customers, typically in areas such as telecommunications, IT, or consulting, and is responsible for delivering those services effectively and efficiently.
Ques:- What about budgeting
Right Answer:
Budgeting is the process of creating a plan to manage income and expenses over a specific period. It involves estimating future financial needs, allocating resources accordingly, and monitoring spending to ensure financial goals are met.
Ques:- WHAT IS COST CENTER BUDGETING?
Right Answer:
Cost center budgeting is a financial planning process where budgets are created for specific departments or units within an organization, focusing on controlling costs and managing expenses related to those areas. Each cost center is responsible for its own budget, which helps in tracking performance and ensuring efficient resource allocation.
Ques:- Define budgeting
Right Answer:
Budgeting is the process of creating a plan to manage income and expenses over a specific period, helping to allocate resources effectively and achieve financial goals.
Ques:- Budgeting for Accounts
Right Answer:
Budgeting for accounts involves estimating future financial needs and allocating resources accordingly. It includes setting spending limits, forecasting revenues, and monitoring expenses to ensure financial goals are met.
AmbitionBox Logo

What makes Takluu valuable for interview preparation?

1 Lakh+
Companies
6 Lakh+
Interview Questions
50K+
Job Profiles
20K+
Users