Preview Questions Business Development Executive | Role Specific Skill

Question 1: How would you approach lead generation in a market with high competition and low customer awareness in BFSI?

Which action should you take?

Choose only one option

Increase brand awareness through educational content

Focus on price-based offers and discounts

Focus solely on direct sales strategies

Rely on cold calling to build leads

Question 2: How would you identify a niche market for a new BFSI product in a highly saturated market?

Which action should you take?

Choose only one option

Focus on the broadest customer base available

Focus only on competitors' target markets

Analyze emerging consumer trends, market gaps, and underserved needs

Rely solely on customer complaints in social media

Question 3: What is the most critical metric for evaluating the effectiveness of a lead generation campaign in BFSI?

Which action should you take?

Choose only one option

Lead quality score

Cost per lead

Lead response time

Conversion rate

Question 4: Which statistical model would be most effective for analyzing customer lifetime value (CLV) in BFSI?

Which action should you take?

Choose only one option

A simple average spend calculation based on past purchases

Ignoring statistical methods and relying on intuition alone

A basic linear progression model without considering customer behavior

A regression analysis model that factors in transaction frequency and customer retention

Question 5: How would you use predictive analytics for lead generation in the BFSI sector?

Which action should you take?

Choose only one option

Analyze customer behaviors and historical data to predict potential leads

Use random selection for lead generation

Focus solely on social media signals

Focus only on demographic data to predict leads

Question 6: Which is the most effective way to address client objections during the acquisition process in BFSI?

Which action should you take?

Choose only one option

Listening to concerns and providing tailored solutions

Providing generic product brochures to clarify doubts

Reducing the scope of services to simplify decisions

Offering discounts to close the deal