Interview Questions

Q:

What is Innovation?

Answer

Innovation is the application of creativity to give rise to a new concept, product, service or process delivering something new and better to the world.


When we innovate, we work with the creative ideas we have developed and put them into practice. Innovation is NOT just about making new gadgets and fancy widgets. We can be innovative in New Product Design, but in many other ways too. New concepts, like how to lead and motivate people at work, as well as new services and processes.

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Q:

What does Maturation refers to

Answer

Maturation refers to the ways in which we grow and develop throughout the lifespan.


 





      •  Maturation is the process of becoming mature; the emergence of individual and behavioral characteristics through growth processes over time.



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Q:

Which describes how media and networks interact?

Answer

Media and networks are connected in such a way that the consumer receives the effective information. Media goes into different networks.

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Q:

Which of the following is NOT true about enterprise systems?

A) The software is expressly built to allow companies to mimic their unique business practices B) The software includes analytical tools to evaluate overall organization performance
C) They help firms respond rapidly to customer requests for info or products D) The data have standardized definitions and formats that are accepted by the entire organization
 
Answer & Explanation Answer: A) The software is expressly built to allow companies to mimic their unique business practices

Explanation:

Enterprise systems (ES) are large-scale application software packages that support business processes, information flows, reporting, and data analytics in complex organizations.

 

Here option A) The software is expressly built to allow companies to mimic their unique business practices is not TRUE about enterprise systems.

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Filed Under: Business Analyst
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , IT Trainer

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Q:

Which of these phrases best describes the business cycle?

A) The process of creating policy for businesses, beginning with agenda setting and ending with evaluating the policy's effect on the business's bottom line B) A recurring cycle of booms and busts, recoveries and recessions
C) A system of managing the economy by increasing or decreasing the supply of money D) A system of managing the economy by increasing or decreasing federal expenditures
 
Answer & Explanation Answer: B) A recurring cycle of booms and busts, recoveries and recessions

Explanation:
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Filed Under: Business Analyst
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

How would you explain the concept of business intelligence? What is its importance?

Answer

Business intelligence is a concept that covers development of warehousing and business intelligence applications and databases that assist in diagnosing and repairing user issues as well as performance ones. This is an extremely important set of procedures as it engenders quality end-user products and helps company representatives in understanding core issues and resolving them.

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Q:

How can you rebuild an index?

Answer

ALTER INDEX <index_name> REBUILD;

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Q:

What is your biggest failure to date?

Answer

The most important thing to remember when answering this question is that it really is not about what you did wrong. It's about how you handled a difficult situation and what you learned from it. Describe your biggest failure and discuss what you've learned from it and ideally how you've been successful because of that lesson.The real reason why interviewers ask about your biggest failure is that it reveals a lot about your ability


- to take risks
- face challenges
- acknowledge your mistakes and
- learn from them.

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