Domande poste durante i colloqui per Business Manager


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Capital One
Domande per la posizione di Senior Business Manager...1 luglio 2011

Credit card insurance case: calculate break-even claim rate where response rate = 2%, fee charged = 1% of monthly balance, and average balance = $1,000 per month.

8 risposte

Don't think there's enough info here to solve. Response rate is 2%, but you need to know how much the marketing costs to be able to determine the breakeven. Meno

I think the break even claim rate for this insurance scheme would be 1%. (Keeping all other non-mentioned costs aside) Let's assume 100 customers are contacted: 2% response rate = 2 people buy insurance. Revenue: 2 * (1% of 1000) = $20 At break even, cost would also be $20. Let the claim rate be x% (Note: this will be a percentage of the people who have bought the insurance, i.e. x% of 2% of 100) Insurance pay-out = $1000 per claim Cost: 1000 * x% of 2 = 1000 * x/100 * 2 = 20x Now, revenue = cost at break even, hence: $20 = 20x x = 1 So the B/E claim rate would be 1%. Meno

I am assuming that the marketing cost is $0.5 per mail. So, if 10000 people are sent mail, 2% respond i.e. 200 people revenue - fee charged * balance * no of people * 12(for a year) i.e. 1% * 1000 * 200 * 12 = 24000 cost- 0.5*10000 = 5000 for mailers lets say claim rate is c% so, c% * 1000 * 200 i.e. 2000c (claims are assumed yearly so no need to multiply by 12) so total cost = 5000 + 2000c in case of break even, revenue will be equal to cost. there for 5000 + 2000c = 24000 i.e. c = 9.5 or break even claim rate = 9.5% Meno

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Why you changed your jobs quickly.

7 risposte

Worked as Contract basis (6 months)

I have been working at spinneys supermarket last 4 years. But they did not increment my salary. So i decided to resign and i am looking a another company. Who pay me a good salary. Meno

I can say my knowledge, ability, experience education all together made me competent. So I'm confident I can do my job without any failure. I'm ready for doing any job Also I'm interested in this job, since one month I'm searching for a job but didn't get so I'm applied for this job. Meno

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Miracle Software Systems

1. Do you have experience selling software? 2. Are you comfortable with travel? 3. How do you feel about training others and/or are you willing to train others? 4. Why are you leaving your current place of work? 5. Without given a contact name or contact number for a company what are your procedures to obtain the information of a decision maker?

5 risposte

To be honestly i don't have an experience on selling software but i can do it as u are expecting on me Meno

Yes I'm comfortable on traveling and i love it

Training to others is a good thing i feel proud about on it

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Square Yards

Can you work more than 10 hours every day ?

5 risposte


I have already worked there and it's slavery job go and exp it


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As memebers of the analytics team, we responsible for supporting all of Yammers other teams including Product dev & Eng, marketing, sales, Customer engagement and Exec team. Pick one of these teams and explain the problems it has and some ways you might go about solving them using data.

4 risposte

Thank you for posting the actual questions from the math quiz and interview. Most others simply mention that there was a quiz. Meno

Your answers are wrong to the questions.

The answer to the casino question is 1/7=0.14 using Bayes Theorem.

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Why do you want to get in health care industry

4 risposte

To grow more and improve my self with new things to succeed my goal

My interest is in skin hair from my first job

Iam interested in this feel

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Parle Agro

How to Develop Brand Availability

5 risposte

Ensuring Maximum Placement of the product in all outlets.


Consistently reach potential buyers

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Convince them that i am appropriate for the roll

4 risposte

It's 'role', not 'roll'. Lucky for you they hired you based on your coomunication Meno

My knowledge includes generalisation in a lots of field . I have diversified skills in a lots of subjects. I am an MBA graduate in dual degree program HR and supply chain management and I am also a professional interior designer, graphic designer, digital marketer, SEO content writer , UIUX designer . I am overall a tech savvy person and can develop great profitable business ideas with the addition of technology. Meno

Communication, sorry

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Delta Balustrades

Who are you?

4 risposte

Personal traits and qualities

And you are also a brethren company who are well known for their discriminatory values and opinions who also pay different rates to brethren/non-brethren staff performing the same role Meno

Please state the nationalities of employees/ experience/ qualification and to what capacity they operate at within delta?? Meno

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If you had to do your taxes in 24 hours, how would you do them.

4 risposte


Majhnppm M


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