Find Interview Questions for Strathmore university

Right Answer:
The ISO process for cafeteria management involves implementing a quality management system that adheres to ISO standards, focusing on areas such as food safety, customer satisfaction, and continuous improvement. Key steps include defining policies and objectives, documenting procedures, training staff, monitoring performance, and conducting regular audits to ensure compliance and enhance service quality.

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PCPM stands for "Project Cost Performance Management." It refers to the current status of managing and controlling project costs.

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Please provide your full name, current address, and details of your educational background, including the institutions attended and degrees earned.

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To update a collection, you can use methods like `add()`, `remove()`, or `update()` depending on the type of collection (e.g., List, Set, Map). Ensure you have the correct reference to the item you want to update and apply the appropriate method to modify the collection.

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To use a data entry employee in HR, assign them tasks such as entering employee information into the HR system, updating records, processing payroll data, managing attendance, and maintaining employee files. Ensure they have access to necessary software and provide training on data entry procedures and data privacy policies.

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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.

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Yes, I have experience in medical billing.

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I am drawn to this company because of its strong reputation for innovation and commitment to employee development. I admire your focus on collaboration and sustainability, which aligns with my values and career goals. I believe I can contribute meaningfully to your team and grow alongside the company.

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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.

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I left my previous company to seek new challenges and opportunities for growth in my career.

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The purpose of feature engineering in data analysis is to create, modify, or select variables (features) that improve the performance of machine learning models by making the data more relevant and informative for the analysis.

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1. Remove duplicates
2. Handle missing values
3. Correct inconsistencies
4. Standardize formats
5. Filter out irrelevant data
6. Validate data accuracy
7. Normalize data if necessary

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Outliers are data points that significantly differ from the rest of the dataset. They can skew results and affect statistical analyses. To handle outliers, you can:

1. Identify them using methods like the IQR (Interquartile Range) or Z-scores.
2. Remove them if they are errors or irrelevant.
3. Transform them using techniques like log transformation.
4. Use robust statistical methods that are less affected by outliers.
5. Analyze them separately if they provide valuable insights.

Right Answer:
Some common data analysis tools and software include:

1. Microsoft Excel
2. R
3. Python (with libraries like Pandas and NumPy)
4. SQL
5. Tableau
6. Power BI
7. SAS
8. SPSS
9. Google Analytics
10. Apache Spark

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Exploratory Data Analysis (EDA) is the process of analyzing and summarizing datasets to understand their main characteristics, often using visual methods. It helps identify patterns, trends, and anomalies in the data before applying formal modeling techniques.

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The ratio considered as a safe margin of solvency is the "solvency ratio," typically expressed as total assets divided by total liabilities. A solvency ratio above 20% is generally considered safe.

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Combined leverage measures the total risk by considering both operating and financial leverage together. It shows how sales changes affect the company’s earnings per share (EPS).

Calculation:

$$\text{Combined Leverage}=\text{Operating Leverage}\times \text{Financial Leverage}$$

Where:

• Operating Leverage = % change in EBIT / % change in Sales

• Financial Leverage = % change in EPS / % change in EBIT

It helps assess overall business risk related to fixed costs and debt.

Right Answer:
Trend Analysis Report.

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Opportunity cost is the value of the next best alternative that is foregone when making a decision. Differential cost, on the other hand, refers to the difference in cost between two alternatives when making a decision.

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The traditional approach to capital structure suggests that there is an optimal mix of debt and equity financing that minimizes the overall cost of capital and maximizes the firm's value. It recognizes that while debt can lower the cost of capital due to tax benefits, excessive debt increases financial risk and can lead to higher costs of equity. Therefore, the traditional approach advocates for a balanced capital structure that achieves a trade-off between risk and return.