"I would answer this question using MECE framework:
Profit = Revenue - Costs.
Revenue = # customers * price
In case of the trading platform, this could be translated into avg. trading activity per user * avg. commission rate . Ask if there has been any recent change to Active users or their trading activities. Similarly, ask if the commission rate has been changed recently.
Based on this information, you can then identify the problem and get to the root cause of this.
Similarly with Costs.
"
Alibi M. - "I would answer this question using MECE framework:
Profit = Revenue - Costs.
Revenue = # customers * price
In case of the trading platform, this could be translated into avg. trading activity per user * avg. commission rate . Ask if there has been any recent change to Active users or their trading activities. Similarly, ask if the commission rate has been changed recently.
Based on this information, you can then identify the problem and get to the root cause of this.
Similarly with Costs.
"See full answer
"FB Vision
Why is this problem important - bad ads can drive customer churn and pose reputational risks in terms of law suits.
What is a bad ad defined as - we will exclude ad relevance. any ad that is inappropriate, harmful, and misleading.
What is the user journey >>
Businesses creates ads, ads are verified by FB team who will remove any bad ads, ads get published after verification, user sees the ads, reports if they dont like it, and the team verifies it again and if bad, removes it.
N"
Neha A. - "FB Vision
Why is this problem important - bad ads can drive customer churn and pose reputational risks in terms of law suits.
What is a bad ad defined as - we will exclude ad relevance. any ad that is inappropriate, harmful, and misleading.
What is the user journey >>
Businesses creates ads, ads are verified by FB team who will remove any bad ads, ads get published after verification, user sees the ads, reports if they dont like it, and the team verifies it again and if bad, removes it.
N"See full answer
"Use a representative of each, e.g. sort the string and add it to the value of a hashmap> where we put all the words that belong to the same anagram together."
Gaston B. - "Use a representative of each, e.g. sort the string and add it to the value of a hashmap> where we put all the words that belong to the same anagram together."See full answer
"Great question!
Last year, we were working on a critical project to develop a real-time risk analytics platform. This platform was designed to provide our traders with instantaneous risk metrics, allowing them to make informed decisions in a fast-paced trading environment. Midway through the project, we faced a significant issue: our chosen data processing framework was not performing as expected under the high data throughput required by our trading algorithms. This was causing unacceptable lat"
Scott S. - "Great question!
Last year, we were working on a critical project to develop a real-time risk analytics platform. This platform was designed to provide our traders with instantaneous risk metrics, allowing them to make informed decisions in a fast-paced trading environment. Midway through the project, we faced a significant issue: our chosen data processing framework was not performing as expected under the high data throughput required by our trading algorithms. This was causing unacceptable lat"See full answer
Product Manager
Behavioral
🧠Want an expert answer to a question? Saving questions lets us know what content to make next.
"Interviewer : How would you reduce ride cancellation on Uber ?
Shailesh : Okay before I jump onto the solution, I would like to clarify some points for better understanding. So ride can be cancelled from the both the parties rider and the driver ? So which side are we talking about ?
Interviewer : we are seeing more cancellation from diver side.
Shailesh : From how long we are seeing this trend ?
Interviewer : you can say from an year.
Shailesh : Okay, also are we seeing these cancellations from"
Anonymous Muskox - "Interviewer : How would you reduce ride cancellation on Uber ?
Shailesh : Okay before I jump onto the solution, I would like to clarify some points for better understanding. So ride can be cancelled from the both the parties rider and the driver ? So which side are we talking about ?
Interviewer : we are seeing more cancellation from diver side.
Shailesh : From how long we are seeing this trend ?
Interviewer : you can say from an year.
Shailesh : Okay, also are we seeing these cancellations from"See full answer
"Sounds like interesting problem! First I'd like to clarify a few things....
Clarify/Find Constraints.
WHO - who are we improving the post-booking experience for? restaurant visitors? or restaurant staff who view reservations? new vs existing users?
WHAT - what do we mean by improve? is there a specific metric we're looking to improve upon (user experience? increasing show-up rate? booking a second time? etc.?) confirm process/JTBD - are we referring to the standard OpenTab"
Maya B. - "Sounds like interesting problem! First I'd like to clarify a few things....
Clarify/Find Constraints.
WHO - who are we improving the post-booking experience for? restaurant visitors? or restaurant staff who view reservations? new vs existing users?
WHAT - what do we mean by improve? is there a specific metric we're looking to improve upon (user experience? increasing show-up rate? booking a second time? etc.?) confirm process/JTBD - are we referring to the standard OpenTab"See full answer
"Clarifying questions : When we speak about video buffering, are we looking at long video (more than an hour), medium video, short videos and shorts? I will assume its all video types.
Is this was a steady increase or sudden one and over what time period? I will assume sudden one over last week?
Has we experienced any such issues in the past or trends? I will assume no.
Are we experiencing this globaly or for some region? I assume globaly
The KPI we are measuring is Average Video Buffering T"
Aeshvarya J. - "Clarifying questions : When we speak about video buffering, are we looking at long video (more than an hour), medium video, short videos and shorts? I will assume its all video types.
Is this was a steady increase or sudden one and over what time period? I will assume sudden one over last week?
Has we experienced any such issues in the past or trends? I will assume no.
Are we experiencing this globaly or for some region? I assume globaly
The KPI we are measuring is Average Video Buffering T"See full answer
"I started asking some questions regarding the constrains of the system:
An antena is emitting a signal that says if the tagged device was out of the room where the interview was happening.
I was able to decide which would be the schema for the Antena's message.
The antena is sending the info of multiple users.
The system doesn't need to push notification to the users when the user left the device behind.
Upon reflection, this is what I recollected doing.
I propuse the json schema a"
Eduardo C. - "I started asking some questions regarding the constrains of the system:
An antena is emitting a signal that says if the tagged device was out of the room where the interview was happening.
I was able to decide which would be the schema for the Antena's message.
The antena is sending the info of multiple users.
The system doesn't need to push notification to the users when the user left the device behind.
Upon reflection, this is what I recollected doing.
I propuse the json schema a"See full answer
"The opening of people spending a lot time on Facebook is way too long. Almost half time of the video.
The analysis of Facebook business model should be very brief. People know Facebook business model.
Maximize the ads display while balancing the user experience is the key. She can drive to this point much faster.
Segmentation of user group feels irrelevant to the question.
I would answer the question in a different way.
Ads revenue is the single most revenue stream for Facebook. So we c"
Zhi C. - "The opening of people spending a lot time on Facebook is way too long. Almost half time of the video.
The analysis of Facebook business model should be very brief. People know Facebook business model.
Maximize the ads display while balancing the user experience is the key. She can drive to this point much faster.
Segmentation of user group feels irrelevant to the question.
I would answer the question in a different way.
Ads revenue is the single most revenue stream for Facebook. So we c"See full answer
"First I will set up the formula, second I will calculate each of the components then adding them up. Finally, I will talk about corner cases if any.
1, To begin with, I want to think broadly what could go into the equation. Bandwidth depends on number of devices at a time, so if a student use both laptop and phone at the same time then we have 2. Beside, grad students need internet for various reasons, such as checking email, searching on Google for information, watching lectures... Different a"
Darren L. - "First I will set up the formula, second I will calculate each of the components then adding them up. Finally, I will talk about corner cases if any.
1, To begin with, I want to think broadly what could go into the equation. Bandwidth depends on number of devices at a time, so if a student use both laptop and phone at the same time then we have 2. Beside, grad students need internet for various reasons, such as checking email, searching on Google for information, watching lectures... Different a"See full answer
"Interviewer: What is your favourite Google product, and how would you improve it?
Shailesh: Alright, before that, let me clarify; I have to give the Google product, which I like the most, irrespective of how it is currently performing in the market, is it a market leader or not. Also, I need to justify why it is my favourite product and suggest some improvements.
Interviewer: Perfect
Shailesh: Okay, the way I would like to go about it is, first, I will explain what qualit"
Anonymous Muskox - "Interviewer: What is your favourite Google product, and how would you improve it?
Shailesh: Alright, before that, let me clarify; I have to give the Google product, which I like the most, irrespective of how it is currently performing in the market, is it a market leader or not. Also, I need to justify why it is my favourite product and suggest some improvements.
Interviewer: Perfect
Shailesh: Okay, the way I would like to go about it is, first, I will explain what qualit"See full answer
"Picked Turo, prioritized customer (renter) persona, listed a few paint points across three pillars - Tool, Car Owner, Car
Worst Case scenarios
Order did not go through, no order confirmation received
Notification issue with tool
Owner not replying
Owner did not deliver car as expected - delayed or no show
5 Issues with car - not clean, not as promised, dirty, engine isssues
Car breakdown after pickup
Payment issues
Fraud
I picked up no show as an issue which could b"
Saurabh G. - "Picked Turo, prioritized customer (renter) persona, listed a few paint points across three pillars - Tool, Car Owner, Car
Worst Case scenarios
Order did not go through, no order confirmation received
Notification issue with tool
Owner not replying
Owner did not deliver car as expected - delayed or no show
5 Issues with car - not clean, not as promised, dirty, engine isssues
Car breakdown after pickup
Payment issues
Fraud
I picked up no show as an issue which could b"See full answer
"I'd approach this first with a clarifying questions geared towards fraud prevention as these are going to be important to actually finding a root solution. I'd want to take cues from the interviewer in order to then identify potential hypotheses.
Clarifying questions:
How is fraud calculated? It's important to clarify the metric used to know that fraud is increasing. For example, is this a percent of all customers or transactions?
Is the fraud that the merchant reported confirmed fraud"
Michelle D. - "I'd approach this first with a clarifying questions geared towards fraud prevention as these are going to be important to actually finding a root solution. I'd want to take cues from the interviewer in order to then identify potential hypotheses.
Clarifying questions:
How is fraud calculated? It's important to clarify the metric used to know that fraud is increasing. For example, is this a percent of all customers or transactions?
Is the fraud that the merchant reported confirmed fraud"See full answer
"How about this one...
Situation:
In my previous Organization, I was PM of Financial services- Business Loans. I was building the user journey and end to end process. We were in middle of development and I got one more product to work on - BNPL (Buy Now Pay Later).
Tasks:
I was asked to provide the roadmap , rough wireframes, guess estimates (No of engineers required) and by when we can ship the MVP. Need not to mention but as startups always have resource constrains and tight deadli"
Veronica S. - "How about this one...
Situation:
In my previous Organization, I was PM of Financial services- Business Loans. I was building the user journey and end to end process. We were in middle of development and I got one more product to work on - BNPL (Buy Now Pay Later).
Tasks:
I was asked to provide the roadmap , rough wireframes, guess estimates (No of engineers required) and by when we can ship the MVP. Need not to mention but as startups always have resource constrains and tight deadli"See full answer
"To bring any product to market here are the below steps that I would (did) take:
1.Understand the problem stmt / stakeholder need and asses depth of the problem
(qualitatively and then gather metrics to quantify it)
2.Do market study on understanding relatable solutions if any
3.Carve out viable solution/ideation that aligns with overall Business Vision/Goal
4.Get stakeholders buy in on the idea
5.Guesstimate and prioritize high level features, Cost and ROI.
6.Build Business case for Project Le"
Bk - "To bring any product to market here are the below steps that I would (did) take:
1.Understand the problem stmt / stakeholder need and asses depth of the problem
(qualitatively and then gather metrics to quantify it)
2.Do market study on understanding relatable solutions if any
3.Carve out viable solution/ideation that aligns with overall Business Vision/Goal
4.Get stakeholders buy in on the idea
5.Guesstimate and prioritize high level features, Cost and ROI.
6.Build Business case for Project Le"See full answer
"Value of Moving All Customers to the Mobile App
Full Monitoring of User Behavior
Gain deeper insights into customer preferences and habits.
Use data analytics to identify trends, predict needs, and offer personalized solutions.
Better Engagement
Provide a more interactive and engaging experience compared to traditional channels.
Enable gamification, personalized notifications, and targeted campaigns to keep users active.
Enhanced Direct Interaction
_Leverage"
Hidayat E. - "Value of Moving All Customers to the Mobile App
Full Monitoring of User Behavior
Gain deeper insights into customer preferences and habits.
Use data analytics to identify trends, predict needs, and offer personalized solutions.
Better Engagement
Provide a more interactive and engaging experience compared to traditional channels.
Enable gamification, personalized notifications, and targeted campaigns to keep users active.
Enhanced Direct Interaction
_Leverage"See full answer
"Clarification:
Lender Focus: We'll cater to mortgage lenders, specifically smaller institutions or those specializing in a particular loan type (e.g., first-time homebuyer loans).
1. User Personas and Pain Points:
Create two user personas:
Persona 1: A loan officer at a small credit union overwhelmed with manual paperwork and slow communication with borrowers.
Persona 2: A loan manager at a company specializing in FHA loans, struggling with cumbersome pre-qualification"
Deepak V. - "Clarification:
Lender Focus: We'll cater to mortgage lenders, specifically smaller institutions or those specializing in a particular loan type (e.g., first-time homebuyer loans).
1. User Personas and Pain Points:
Create two user personas:
Persona 1: A loan officer at a small credit union overwhelmed with manual paperwork and slow communication with borrowers.
Persona 2: A loan manager at a company specializing in FHA loans, struggling with cumbersome pre-qualification"See full answer