"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
"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
"CQs
Goal of the company/product - activation + retention
Location - India
Competitive environment - highly competitive, multiple options available for customers
Why give customers extra discounts while onboarding? → helps activate customers.
Desired outcome from this question - [Let’s say both]
Exact number for the discount to be provided to customer during onboarding
Ideas on types of discounts can be provided to customers during onboarding
**User journ"
Sumit P. - "CQs
Goal of the company/product - activation + retention
Location - India
Competitive environment - highly competitive, multiple options available for customers
Why give customers extra discounts while onboarding? → helps activate customers.
Desired outcome from this question - [Let’s say both]
Exact number for the discount to be provided to customer during onboarding
Ideas on types of discounts can be provided to customers during onboarding
**User journ"See full answer
"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
"Clarification Question:
What kind of revenue is Target trying to increase? ( Gross Revenue, Net Revenue .. etc )
Answer: Let's stick to Gross revenue.
As I understand, the target has two revenue streams - In-store and online purchases. Are there any other revenue streams I should consider?
Answer: No
Why Now ?.
Answer: we have seen our revenue being impacted due to competition from Amazon and Walmart, and our revenue is flat.
Which revenue stream do you see a decline, increase, or flat?"
Navin T. - "Clarification Question:
What kind of revenue is Target trying to increase? ( Gross Revenue, Net Revenue .. etc )
Answer: Let's stick to Gross revenue.
As I understand, the target has two revenue streams - In-store and online purchases. Are there any other revenue streams I should consider?
Answer: No
Why Now ?.
Answer: we have seen our revenue being impacted due to competition from Amazon and Walmart, and our revenue is flat.
Which revenue stream do you see a decline, increase, or flat?"See full answer
"Thorough analysis of the asks- what is the strategic fit, overall business value, goals?
Analysis of resources - skillset/ time/ dependencies.
Create a list of all the things that we have to do, rank them by value(impact), urgency and effort needed.
Stakehodler inputs.
Moscow priroitization/ value vs effort frameworks.
Have clear communication channels with our stakehodlers to socialzie progress/ effort
Sequence the asks - subject to changing circumstances.
Call ou"
Anonymous Boa - "Thorough analysis of the asks- what is the strategic fit, overall business value, goals?
Analysis of resources - skillset/ time/ dependencies.
Create a list of all the things that we have to do, rank them by value(impact), urgency and effort needed.
Stakehodler inputs.
Moscow priroitization/ value vs effort frameworks.
Have clear communication channels with our stakehodlers to socialzie progress/ effort
Sequence the asks - subject to changing circumstances.
Call ou"See full answer