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Singapore economic development board Interview Questions and Answers
Ques:- How do you present data findings clearly and effectively to non-experts
Right Answer:

Presenting data to non-experts means turning complex information into something that’s simple, visual, and meaningful. Your goal is to help others quickly understand the “what,” “why,” and “what it means” — without needing technical knowledge.

Here’s how to do it effectively:

🎯 Key Tips for Presenting Data Clearly:

1. Start with the Main Message
Begin with a clear summary of your key takeaway.
✅ Example: “Customer satisfaction increased by 25% in the past 6 months.”

2. Use Simple Language
Avoid technical jargon or complex statistical terms.
Say “average” instead of “mean,” and “pattern” instead of “trend correlation.”

3. Visualize with Charts & Graphs
Use visuals like bar charts, pie charts, or line graphs to show patterns at a glance. Keep them clean, labeled, and easy to read.

4. Tell a Story
Present data like a narrative — with a beginning (the problem), a middle (the findings), and an end (the conclusion or recommendation).

5. Highlight Key Numbers
Use bold text, callouts, or colors to make important figures stand out — but don’t overload with too many stats at once.

6. Use Real-Life Examples
Relate your data to real-world situations that your audience understands.
✅ Example: “This 10% increase in website traffic means 1,000 more visitors every month.”

7. Keep It Short and Focused
Stick to the most important findings. Avoid overwhelming the audience with too much data at once.

Ques:- What functions do the registrars to the issue perform?
Right Answer:
Registrars to the issue perform functions such as managing the issuance of securities, maintaining records of shareholders, processing applications for shares, ensuring proper allocation of shares, and handling the transfer of shares between buyers and sellers.
Ques:- A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?
Right Answer:
Rs. 2450
Comments
bruce May 6, 2021

I think -

1750 / 7 Years = 250
250 * 2% = 5
5 * 7 Years = 35

Ques:- A train of 24 carriages, each of 60 meters length, when an engine also of 60 meters length is running at a speed of 60 kmph. In what time will the train cross a bridge 1.5 km long?
Right Answer:
The train will take 90 seconds to cross the bridge.
Comments
Raj Jan 8, 2022

3 min

Ques:- What is Bex?
Right Answer:
BEx, or Business Explorer, is a tool in SAP BW (Business Warehouse) that allows users to analyze and report on data through various interfaces, including BEx Analyzer for Excel, BEx Query Designer, and BEx Web Analyzer.
Ques:- What do mean by sales ledger and sales account
Right Answer:
A sales ledger is a detailed record of all sales transactions made by a business, showing amounts owed by customers. A sales account, on the other hand, is a general ledger account that summarizes total sales revenue for a specific period, reflecting the overall income generated from sales.
Ques:- What is market research and why is it important
Right Answer:
Market research is the process of gathering, analyzing, and interpreting information about a market, including information about the target audience, competitors, and industry trends. It is important because it helps businesses understand customer needs, identify market opportunities, make informed decisions, and reduce risks associated with launching new products or services.
Ques:- What is data analysis in market research
Right Answer:
Data analysis in market research is the process of systematically examining and interpreting data collected from surveys, focus groups, or other sources to identify trends, patterns, and insights that inform business decisions and strategies.
Ques:- What is competitive analysis and how is it done
Right Answer:
Competitive analysis is the process of evaluating and comparing your business, products, or services against your competitors to understand their strengths and weaknesses. It is done by identifying key competitors, analyzing their offerings, market positioning, pricing strategies, customer feedback, marketing tactics, and overall performance. This information helps businesses identify opportunities and threats in the market.
Ques:- What is the difference between focus groups and interviews
Right Answer:
Focus groups involve a small group of people discussing a topic guided by a moderator, while interviews are one-on-one conversations between an interviewer and a participant.
Ques:- What are the steps involved in the market research process
Right Answer:
1. Define the problem and research objectives.
2. Develop the research plan.
3. Collect the data.
4. Analyze the data.
5. Present the findings.
6. Make decisions based on the research.
Ques:- How would company x dealing in BPO service can increase revenue without incurring a significant cost?
Right Answer:
Company X can increase revenue without significant costs by implementing the following strategies:

1. **Upselling and Cross-selling**: Offer additional services to existing clients.
2. **Enhancing Service Quality**: Improve service delivery to retain clients and attract new ones through referrals.
3. **Leveraging Technology**: Use automation and AI tools to increase efficiency and reduce labor costs.
4. **Expanding Client Base**: Target new markets or industries that require BPO services.
5. **Flexible Pricing Models**: Introduce tiered pricing or subscription models to attract more clients.
6. **Training and Development**: Invest in employee training to improve productivity and service quality.
7. **Partnerships and Alliances**: Collaborate with other companies to offer bundled services.
Ques:- When was the last time you were in a crisis? What was the situation? How did you react?
Right Answer:
In my previous job, we faced a sudden server outage that affected our clients' access to services. I quickly gathered the team, assessed the situation, and prioritized tasks. We communicated with clients about the issue and worked collaboratively to restore the server. I remained calm and focused, ensuring everyone knew their responsibilities, which helped us resolve the crisis efficiently.
Ques:- How will you sell a fridge to an Eskimo?
Right Answer:
I would focus on the unique features of the fridge, such as its ability to keep food fresh and organized, and emphasize how it can help store perishable items efficiently, making life easier and more convenient even in a cold environment.
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