Sample interview questions: Are you familiar with different business models and strategies for growth?
Sample answer:
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Business Models:
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Product-Based Business: A business model where a company creates and sells physical products.
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Service-Based Business: A business model where a company provides services to customers.
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Retail Business: A business model where a company buys products from manufacturers and sells them to consumers.
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Wholesale Business: A business model where a company buys products from manufacturers and sells them to other businesses.
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Affiliate Marketing: A business model where a company earns a commission by promoting other companies’ products or services.
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E-commerce: A business model where a company sells products or services online.
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Freelancing: A business model where a person provides services independently, often on a per-project basis.
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Growth Strategies:
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Market Penetration: A growth strategy that focuses on selling more products or services to existing customers.
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Market Development: A growth strategy that focuses on selling existing products or services to new customers in new markets.
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Product Development: A growth st… Read full answer
Source: https://hireabo.com/job/1_4_20/Business%20Consultant
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