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Ques:- Should a drug company build a remote call center?
Right Answer:
Yes, a drug company should consider building a remote call center to improve customer support, enhance accessibility, and reduce operational costs.
Ques:- A tire manufacturer in Vietnam has been the only player in that market due to high tariffs on imports. They dominate the tire industry. As it stands, the tariff is 50% of the total cost to produce and ship a tire to Vietnam. Because of the forces of globalization and lower consumer prices, the Vietnamese government decided to lower the tariff by 5% a year for the next ten years. The company is very concerned about this change, as it will radically alter the landscape of the industry in Vietnam. They hire you to assess the situation and advise them on what steps to take.
Right Answer:
The tire manufacturer should take the following steps:

1. **Cost Reduction**: Focus on reducing production costs to maintain competitiveness as tariffs decrease.
2. **Market Research**: Analyze potential competitors and market trends to understand the impact of reduced tariffs.
3. **Product Differentiation**: Invest in innovation and quality improvements to differentiate their products from potential imports.
4. **Strategic Partnerships**: Consider forming alliances with local distributors or retailers to strengthen market presence.
5. **Diversification**: Explore opportunities to diversify product offerings or enter new markets to mitigate risks.
6. **Advocacy**: Engage with the government to discuss potential support measures for local manufacturers.
7. **Long-term Planning**: Develop a long-term strategy that anticipates further tariff reductions and prepares for increased competition.
Ques:- Are there distinct kinds of activities in a project?
Right Answer:
Yes, there are distinct kinds of activities in a project, typically categorized as:

1. **Initiation Activities** - Defining the project and obtaining approval.
2. **Planning Activities** - Developing the project plan, including scope, schedule, and resources.
3. **Execution Activities** - Implementing the project plan and delivering the project outputs.
4. **Monitoring and Controlling Activities** - Tracking progress and making adjustments as needed.
5. **Closing Activities** - Finalizing all project work and formally closing the project.
Ques:- What is the difference between development length & overlap length ?
Right Answer:
Development length is the length of rebar required to be embedded in concrete to develop its full strength, while overlap length is the length of rebar that is overlapped and tied together to ensure continuity in reinforcement when two bars are joined.
Ques:- What is your role in current industry?
Right Answer:
As a Project Manager in the construction industry, my role involves planning, executing, and overseeing projects to ensure they are completed on time, within budget, and to the required quality standards. I coordinate with various stakeholders, manage resources, and address any issues that arise during the project lifecycle.
Ques:- How is the mobilization advance recovered from the contractors bills?
Right Answer:
The mobilization advance is typically recovered from the contractor's bills by deducting a specified percentage from each progress payment until the advance is fully repaid. This percentage is usually outlined in the contract terms.
Ques:- What are some techniques used for defining scope?
Right Answer:
Some techniques used for defining scope include:

1. **Expert Judgment** - Consulting with stakeholders and experts to gather insights.
2. **Requirements Gathering** - Collecting detailed requirements through interviews, surveys, and workshops.
3. **Work Breakdown Structure (WBS)** - Breaking down the project into smaller, manageable components.
4. **Scope Statement** - Creating a formal document that outlines the project objectives, deliverables, and boundaries.
5. **Use Cases** - Defining specific scenarios to clarify requirements and expectations.
6. **Prototyping** - Developing a preliminary model to visualize and refine project requirements.
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