Interview Questions

- B2B (Business-to-Business)   :

In B2B, companies transact with each other. This includes the companies selling their product to wholesalers, distributors, etc

- B2C (Business-to-Consumer) :

This is usually when average businesses transact with the customer. This is done through the shopping cart softwares and the amount involved in the transactions is usually low.

- C2B (Consumer-to-Business) :

In this, a consumer places the product on the net. The companies willing to buy this product bid for it. The comsumer can then decide, depending upon the bid, which company to sell it to. 

- C2C (Consumer-to-Consumer):

These kind of transactions are usually done at an individual level. Payments can be done with the help of online systems like PayPal.

Class hierarchies promote reuse in two ways. They are code sharing and interface sharing.

Batch DL/I

MPP Mode - (Message Processing Program)

BMP Mode - (Batch Message Processing)

It's important here to focus on the word "implemented". "There's nothing wrong with having a thousand great ideas, but if the only place they live is on your notepad what's the point? Better still you need a good ending. If your previous company took your advice and ended up going bankrupt, that's not such a great example either.Be prepared with a story about an idea of yours that was taken from idea to implementation and considered successful.

Retail products often change seasonally.  Can you quickly update yourself on all the new information so you can be prepared to sell the new inventory to customers as soon as it lands on the shelf

The main parties involved in the IR system are: 

i.) Employers – They are the ones who possess the rights to hire the employees and remove them. They also possess the rights to relocate, close or merge the business. They can opt for technological changes as and when they see it in the interest of business. 

ii.) Employees – They are actually the ones who keep the business moving. They possess the rights to voice their opinions and feelings while striving for betterment. They usually form the unions to negotiate with the employers.

iii.) Government – Government is the one who influences the IR system with laws, rules, agreements, awards of court etc. They also include third parties & labour and tribunal courts to manage the IR system.

BRD - Business Requirement document is consist of functional Business Requirements, Gap Analysis (between current and future scenarios), In scope and Out of scope of the project, Business rules, Assumptions, Risk etc.

SRS - Source Requirement Specification is consist of Use cases, Use Case Scenarios, Activity flow diagram, Non functional Business Requirements.

Use cases - are the pictorial representation of user centric view of the system.