Preview Questions Business Development Executive | Role Specific Skill

Question 1: What is the best way to follow up after meeting someone important at a BFSI networking event?

Which action should you take?

Choose only one option

Send a generic email thanking them for their time

Wait for them to contact you

Send an immediate promotional offer without further engagement

Personalize the follow-up by referencing specific points discussed and proposing a value-add

Question 2: What is the best strategy to approach senior decision-makers for relationship-building in BFSI?

Which action should you take?

Choose only one option

Send a generic email with a list of your products

Engage in meaningful discussions about industry trends, offer insights, and focus on building rapport

Offer deep discounts to attract immediate attention

Focus only on pushing sales and immediate needs

Question 3: How should a Business Development Executive approach client objections during the acquisition process?

Which action should you take?

Choose only one option

By ignoring the client's concerns and focusing only on product features

By addressing objections with data-driven insights and personalized solutions

By offering generic solutions that don't align with the client's needs

By dismissing objections and pushing for a quick sale

Question 4: Which statistical tool is best suited for demand forecasting in BFSI?

Which action should you take?

Choose only one option

Sentiment analysis

Regression analysis

Time series analysis

Chi-square test

Question 5: What is the role of segmentation in BFSI lead generation?

Which action should you take?

Choose only one option

Customizing marketing messages

Reducing lead qualification time

Increasing lead volume

Simplifying the sales process

Question 6: What is the most important factor in closing a sale with clients in the BFSI sector?

Which action should you take?

Choose only one option

Focusing only on transactional aspects and ignoring relationship building

Offering a one-size-fits-all solution without understanding client needs

Providing tailored solutions and addressing client pain points with clear value propositions

Pushing clients to sign contracts without answering their concerns