Q.1 What are the duties of a business development manager? ANS.

A business development manager's main goal and job description is "grow the company."

A business development manager focuses on increasing brand awareness, bringing in new customers, and coordinating public relations efforts. A business development manager is also responsible for supervising and directing employees. He works towards leading employees toward achieving financial and growth goals.
Q-2 Why is it important for a business development manager to be up to date with the latest business trends? ANS. How do you plan to network with employees of other companies and potential customers? How long should a business plan be? How to write a business plan? Why do companies indulge in buying back their own shares? If hired how do you plan to grow the company? If hired how do you plan to increase brand awareness of the company? How do you plan to bring in new customers? How do you plan to identify and develop new business opportunities? How to plan to develop and implement strategic business development marketing plan? Are you open to traveling extensively worldwide? What new techniques do you plan to incorporate in supervising and directing employees? How would you analyze actual costs as against planned costs? What would you do in escalation of issues? What priorities and strategies would you consider in developing business? What methods would you consider in developing work flow analysis methods?

Why do companies go for mergers & acquisitions? What is repo rate and reverse repo rate? What is the difference between nationalized government & commercial banks? What is a multi national company (MNC) and how many types of MNCs are there? Why do companies go for IPO? What is the difference between business trade and commerce? What is the difference between internal audit and management audit? What training programs would you initiate for employees to enhance their performance? What is costing and cost analysis? What is inflation and what is deflation? What are internal and external factors that affect business development? How would you control the internal factors affecting the business processes? What is the difference between quality management and quality control? How would you motivate your employees to excel better in their tasks? What are the responsibilities of a store manager? What accomplishments have given you the most satisfaction in your life? Why does the currency value fluctuate? What is the difference between management and administration? What is green shoe option? What is fringe benefit tax? What is forex? .

What is the difference between an administrator and an HR? What are entrepreneurship qualities? What are corporate ethics? What is meant by time value of money? What is internal rate of return (IRR)? Why do most companies use functionally organized departments? What is just in time in inventory management system? How effectively would you put to use the business communication systems? What is straight line method and WDV method? What is the difference between service industry and trade industry? What training programs would you initiate for employees to enhance their performance? What do you mean by decision support system (DSS)? What are the responsibilities of a store manager? What is the difference between policy and procedure? Why does currency value fluctuates? What is the difference between management and administration? What is Inflation? What is patent? What is human behavior approach in terms of management? What is strategy and strategic planning? How would you structure the HRD management system? .

How would you calculate the performance date on a portfolio? What is data modeling? How effectively would you utilize MIS in the development of business? Why do small companies use functionally organized departments? What makes share prices fluctuate? How would you define competency mapping? How does competency mapping help a business organization? What is the difference between analysis model and design model? .

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