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Interviews Question Set 8

Showing question 36 to 38 of total 38 MCQs

Interview - Admission And Job

What do you understand by SWOT analysis?

SWOT stands for 'Strengths, Weaknesses, Opportunities and Threats'. This is a method to analyze the environment and the company's standing in it.

SWOT consists of two parts. The strengths and weaknesses refer to the internal environment of a company while the opportunities and threats are related to the external environment.

Internal problems and issues are constantly dealt with. But external factors such as opportunities and threats are not in a company's control.

How will you create flexibility in an organization?

In order to create flexibility in any organization, you need to analyze some areas that are mentioned below.

Different kinds of problems: You need to categorize the kinds of problems you face and have to find answers accordingly as every problem cannot be solved in the same way.

Employees' needs and wants: It is always important for you to keep a track of your employees' needs and wants as it will be a source of motivation for them.

Organizational strategies: It is very important for an organization to make a position for itself in the market through its products. Various strategies are used for this purpose. These strategies can be according to the newest and the best products (differentiation strategy). All the strategies require a structure to reach the organizational goal.

Competitiveness: The feeling of competition among your employees is reflected in the positive changes of the organization which is, in turn, related to the flexibility of an organization.

How can one increase the longevity of an organization?

Longevity of an organization depends on the implementation of new and improved techniques and technologies which holds the key to its survival and ultimate success. To survive for a long time you require long-term profits in your business. One can increase the longevity through the following ways:

  • Continuous development
  • Keeping up with technology
  • Retaining key employees
  • Satisfying employees
  • Offer training to the staff
  • Offering excellent services
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