"Clarification/Problem
What is the timeline that we're working with? (You Choose)
What is the criteria for how you'd define an improvement or success? (You Choose)
Is there a specific area of the DMV experience that you want me to improve? (No)
Are we thinking about this from the perspective of the DMV? (Yes)
What is the market that we should be thinking about or focusing on? (US)
Business Objective
The DMV has a couple of key goals:
To help uniquely identify which vehi"
Deric C. - "Clarification/Problem
What is the timeline that we're working with? (You Choose)
What is the criteria for how you'd define an improvement or success? (You Choose)
Is there a specific area of the DMV experience that you want me to improve? (No)
Are we thinking about this from the perspective of the DMV? (Yes)
What is the market that we should be thinking about or focusing on? (US)
Business Objective
The DMV has a couple of key goals:
To help uniquely identify which vehi"See full answer
"Clarifying questions:
Can we pick any business product across CapOne spectrum? any preference? - Assume pick any
Are there any specific geographies you'd like to focus on?
Are there any specific customer segments you'd like to focus on?
Are you able to provide any information on the market/competitive analysis? Or I can just make reasonable assumptions along the way.
Confirming we care about revenue? not profit per customer?
Lay out the framework:
I'd like to focus on the followi"
R K. - "Clarifying questions:
Can we pick any business product across CapOne spectrum? any preference? - Assume pick any
Are there any specific geographies you'd like to focus on?
Are there any specific customer segments you'd like to focus on?
Are you able to provide any information on the market/competitive analysis? Or I can just make reasonable assumptions along the way.
Confirming we care about revenue? not profit per customer?
Lay out the framework:
I'd like to focus on the followi"See full answer
Product Manager
Estimation
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"This is an estimation question - the goal is to show your thought process to the interviewer how you think through the question
Let's make some assumptions - we are only focused on the TAM for Capital One's new potential card
For the purpose of scoping this more narrowly let's assume we are solely focused on the U.S.
Let's continue to scope in...
1). We know the United States population is somewhere in the ballpark of ~330MM (let's use round figures)
2). You should have some due dili"
Jack F. - "This is an estimation question - the goal is to show your thought process to the interviewer how you think through the question
Let's make some assumptions - we are only focused on the TAM for Capital One's new potential card
For the purpose of scoping this more narrowly let's assume we are solely focused on the U.S.
Let's continue to scope in...
1). We know the United States population is somewhere in the ballpark of ~330MM (let's use round figures)
2). You should have some due dili"See full answer
"What is our goal during onboarding? e.x. Site-visits, add-to-cart, completed checkout etc?
After asking clarifying questions we learn that our north-star goal is to get more customers to complete a checkout, therefore our goal is to increase our conversion rate.
Are we looking to sell more of a particular product or increase conversion rate holistically?
Segmentation:
Do we have a particular market or demographic in mind?
Commercial/business vs. individuals
One time buyers vs. repeat purch"
Jack F. - "What is our goal during onboarding? e.x. Site-visits, add-to-cart, completed checkout etc?
After asking clarifying questions we learn that our north-star goal is to get more customers to complete a checkout, therefore our goal is to increase our conversion rate.
Are we looking to sell more of a particular product or increase conversion rate holistically?
Segmentation:
Do we have a particular market or demographic in mind?
Commercial/business vs. individuals
One time buyers vs. repeat purch"See full answer
"One feature I launched was a construction draw process enhancement for loans ranging from $15MM to $60MM In response to the need for improved efficiency and accuracy in managing construction loan disbursements, I led the development and implementation of a streamlined process within our banking platform.
Working closely with stakeholders, including borrowers and internal teams, I gathered requirements and identified pain points in the existing process. Leveraging my expertise in data analysis a"
Jack F. - "One feature I launched was a construction draw process enhancement for loans ranging from $15MM to $60MM In response to the need for improved efficiency and accuracy in managing construction loan disbursements, I led the development and implementation of a streamlined process within our banking platform.
Working closely with stakeholders, including borrowers and internal teams, I gathered requirements and identified pain points in the existing process. Leveraging my expertise in data analysis a"See full answer
"The project manager must take care of the risks associated with the particular project. Scrum Master is a team facilitator and serves as a servant leader. The product manager serves as a team leader and is responsible for project performance and ensuring that everything goes according to plan."
Jack F. - "The project manager must take care of the risks associated with the particular project. Scrum Master is a team facilitator and serves as a servant leader. The product manager serves as a team leader and is responsible for project performance and ensuring that everything goes according to plan."See full answer
"I responded how capital one wants to help everyone have access to banking and change banking for the better for all. (Tying it to their mission statement)
Leaned into this saying how I personally want to use my use my skills to help increase awareness to financial health for the community and serve the community that im a part of."
Anonymous Hummingbird - "I responded how capital one wants to help everyone have access to banking and change banking for the better for all. (Tying it to their mission statement)
Leaned into this saying how I personally want to use my use my skills to help increase awareness to financial health for the community and serve the community that im a part of."See full answer
"The reason I want to work at Doordash is because I’m a really hard worker, I never give up and I’m good at delivering stuff to my teachers at school whenever they have something to drop off to them, I look at the paper and then I read the directions given to me on the ipad to drop it off."
Amparo L. - "The reason I want to work at Doordash is because I’m a really hard worker, I never give up and I’m good at delivering stuff to my teachers at school whenever they have something to drop off to them, I look at the paper and then I read the directions given to me on the ipad to drop it off."See full answer