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【正文】 re supposed to be innovative, to be able to think outside of the box. Questions like these (such as the way the initiative question and exceeded expectations questions are worded) can be used as opportunities to talk about creative faculties pick an instance when showing initiative meant ing up with an outoftheordinary solution.3. I see on your resume that you served as chairperson of suchandsuch mittee. What was that experience like?Along with innovation, employers often look for leadership ability. In general, interviewers are looking for evidence of a willingness to listen, an ability to give feedback, and a firmness when it es to getting things done. 4. What would members of your basketball team/business school cohort/ butterfly catching expedition say about you? Tell us about a time you had to deal with a difficult team member. Teamwork is another highly valued trait these days, panies are looking for employees who work well in groups. If your interviewer doesn39。t very reliable, we will need to contact 800,000 people using that method. But at 5 cents each, it costs only $20,000 to sell 1,000 cards. We make $20 profit on each card. But even at the cheapest promotional vehicle, at $20 profit, we would only break even, because our profits on 1,000 cards would be $20,000. We shouldn39。m going to assume we will sell onehour phone cards. That will cost us $ for the minutes and a dollar per card so each card costs us $10. Interviewer: That sounds reasonable. You: And what is our expected revenue on a onehour phone card? What is the current market rate for a 60minute phone card? Interviewer: Assume it39。t have a specific answer that you, the candidate, are expected to give. What the interviewer is looking for is a thought process that is at once analytical and creative. Here39。s a sample case question: You are advising a credit card pany that wants to market a prepaid phone card to its customers. Is this a good idea? You: What is the role of our pany? Do we simply market the card or must we create them ourselves? Interviewer: This card will be comarketed with an outside phone pany. We don39。s 50 cents a minute. You: So if we sell the cards for $30, we have a $20 profit, minus our expenditures on marketing. Interviewer: What39。t market this card, unless we can further cut our marketing costs or increase the price of the card. If we could slice the cost of the envelope attachments a penny or so, or sell the card for $35, or convince our comarketer to reduce our costs, it might be worth selling.Commonlyasked QuestionsCompanies these days look for more than whether you39。t bring up teamwork, do it yourself. These questions are similar to the leadership questions interviewers are looking for both an openness to ideas and a willingness to nudge team members toward a goal. 5. Why did you decide to switch careers/Why did you decide to go back to school/Why did you take time off during college? Be prepared to walk through your resume with your interviewer, especially at panies that like to promote from within. They want to know that you39。m a perfectionist. Or: I tend to work too hard. You may want to prepare a more thoughtful answer, but you should at least anticipate this question. 10. If you could go anywhere for 24 hours, with an unlimited budget where would you go?Sometimes, interviewers will ask offthewall questions just to get a better sense of who you are as a person.Questions to Ask During Your Summer Internship Interviews* Can you give me an example of my summer responsibilities? Try to make sure the answer you receive is as specific as possible. Particularly if you39。re going into an interview where you might expect a case question (a business question presented to you for your detailed analysis), it39。s current relationship with its distribution partner. Would that be OK? In this way, you take charge of the line of questioning without stepping on the interviewer39。 Is there a work plan? What have other panies facing this situation done? re considering buying?One of the most mon questions Wall Street interviewers ask. (Other variations of this question are: how would you value a stock you were considering buying, taking public, etc.) Wall Streeters use this question to separate the finance jocks from the neophytes. Here39。 or (2) you take the last year, say year 10, and assume some constant growth rate after that, perhaps 10%. The present value of this growing stream of payments after year 10 is the Terminal Value. Note: To figure out what discount rate you would use to discount the pany39。s net ine. Then you add back depreciation and amortization. Then you subtract the pany39。s P/E ratio is 30 times earnings. After Company A acquires Company B, will Company A39。s earnings. Defeating the 12Ball QuestionSome interview questions are notoriously difficult. This particular logic problem has made its appearance at various consulting, investment banking and tech firms (including McKinsey and Microsoft). Will you be prepared if your interviewer springs upon you the knotty 12 ball dilemma? Thanks to Vault Reports, you can answer in safety! Here39。s obvious, but why? Because if you weigh, say three balls against five, you are not receiving any information. In a problem like this, you are trying to receive as much information as possible with each weighing. For example, one of the first mistakes people make when examining this problem is that they believe the first weighing should involve all of the balls (6 against 6). This weighing involves all of the balls, but what type of information does this give you? It actually gives you no new information. You already know that one of the sides will be heavier, and by weighing 6 against 6, you will simply confirm this knowledge. Still, you want to gain information about as many balls as possible (so weighing 1 against 1 is obviously not a good idea). Thus the best first weighing is 4 agai
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