Interview Questions

The primary goals of Six Sigma are to improve profits by eliminating variability, defects and waste that undermine customer loyalty i.e, increasing the customer satisfaction.

What is Six Sigma ?

Six Sigma is a systematic methodology that provides businesses with the tools to improve the capability of their business processes. This increase in performance and decrease in process variation leads to defect reduction and vast improvement in profits, employee morale and quality of product.

Key Elements of Six Sigma :

1. Strategy
2. Tactics
3. Culture.

SAP scripts is a word processing tool of SAP which has the following components: Standard text. It is like a standard normal documents. Layout sets. - Layout set consists of the following components: Windows and pages, Paragraph formats, Character formats. Creating forms in the R/3 system. Every layout set consists of Header, paragraph, and character string. ABAP/4 program.

- Installing and upgrading the Oracle Server and application tools.

- Allocating system storage and planning future storage requirements for the database system.

- Managing primary database structures (tablespaces)

- Managing primary objects (table, views, indexes)

- Enrolling users and maintaining system security.

- Ensuring compliance with Oracle license agreement

- Controlling and monitoring user access to the database.

- Monitoring and optimizing the performance of the database.

- Planning for backup and recovery of database information.

- Maintain archived data on tape

- Backing up and restoring the database.

- Contacting Oracle Corporation for technical support.

Applicant should answer that as a supervisor he/she would analyze actual spend vs. forecast and plan future sales and retail storage. Provide sales adjustments/discounts reporting and analysis, which could be helpful in further analysis of the business. As a supervisor I would ensure, that I keep a track of all the finances and expenses incurred during the process of transportation, salaries and wages of drivers and other helpers in loading and unloading the goods and services. Maintain a ledger for the cost involved in storage and maintenance of goods and services.

Managerial accounting information is generally prepared for managers of an organization. It is also known as cost accounting, is the process of identifying, measuring, analyzing, interpreting, and communicating information to managers for the pursuit of an organization's goals. 

Accounts-receivable financing is a type of asset-financing arrangement in which a company uses its receivables — outstanding invoices or money owed by customers — to receive financing.

when a business sells its AR (accounts receivable) to a factoring company and receives short-term business funding in return, this is what called as Accounts Receivable Financing.

How it works ::

Business-to-business sales are often offered with payment terms of 30, 60 or 90 days.

The buyer receives the product, but doesn't submit payment until the mutually agreed-upon date.

The seller records the sale as revenues and increases the accounts receivable by the amount of the sale.

When the payment arrives, the seller decreases the accounts receivable and increases cash.

Accounts receivable financing allows the seller to get the cash immediately by selling the receivable to a third party. This is called factoring.

In SQL, UNION  merges the contents of two structurally-compatible tables into a single combined table.

Sample Answers :

(i) More Often 90%

(ii) 75% i stay when possible. sometimes there are other things that have to be done or plans that have already been made.