Preview Questions Business Development Executive | Role Specific Skill

Question 1: How can predictive analytics be applied in BFSI sales and marketing?

Which action should you take?

Choose only one option

By identifying which leads are most likely to convert

By increasing the cost per acquisition (CPA)

By decreasing the number of touchpoints needed to close deals

By improving brand image and reputation

Question 2: What is the most effective strategy for building rapport with potential clients in BFSI?

Which action should you take?

Choose only one option

Personalized communication based on industry trends and pain points

Offering discounts without addressing client challenges

Sending multiple follow-up emails without offering value

Relying on generic sales scripts without considering client needs

Question 3: What role does trust play in client relationship management in BFSI?

Which action should you take?

Choose only one option

Trust is only relevant after the client signs the contract

Trust is important but can be bypassed for financial gain

Trust is essential for long-term relationship building, client retention, and advocacy

Trust is not as important as offering the best deal

Question 4: When preparing a market research report for a BFSI product, what key performance indicators (KPIs) should be prioritized?

Which action should you take?

Choose only one option

Sales volume and customer feedback

Lead generation and conversion rates only

Brand awareness and customer satisfaction metrics

Customer acquisition costs and return on investment (ROI)

Question 5: Which of the following strategies can be used to expand professional networks in BFSI?

Which action should you take?

Choose only one option

Networking through cold-calling without proper qualification

Engaging in industry events, webinars, and social platforms like LinkedIn

Avoiding direct interaction and focusing only on advertisements

Relying solely on email marketing and automated communication

Question 6: What is the key benefit of leveraging existing client relationships to acquire new clients in BFSI?

Which action should you take?

Choose only one option

Clients can refer prospects, providing a trusted connection and higher conversion rates

Existing clients provide additional discounts for new referrals

Clients will automatically spread positive reviews without additional effort

Clients can be used for cross-selling unrelated products