setrbroker.blogg.se - Clarify questions

Timeline - when is the client looking to achieve the objective (e.g., doubling the revenues in 6 months is very different from a 2-5 year horizon).

Product - what does the product do and how (especially relevant in complex industries like pharma or finance.

Business Model - how does the client make money (e.g., B2B, B2C, B2B2C etc.).

Objective - what is the client's objective.

I suggest that before starting with your structure, you should be clear on the following four questions, in order of importance: If you asking too many questions, the interviewer will probably reply to you smth like this: we don't know/ we'll see later/ its’ not relevantĮx-McKinsey EM | Experienced interview coach (1,000+ sessions) | Discount on 1st session | LBS MBA So these are three main types of claryfiyng questions. Therefore, if you come across a term that you are unfamiliar with, it is completely acceptable to ask the interviewer for the definition. Most consulting interviews do not require you to have specialized knowledge or expertise in an industry.

question about definition of a term you are unfamiliar with Geographic location: Does the company have one location or are they a national chain? Does the company operate in just one country or do they have an international presence?ģ. Products and services: What products and services does the company sell? What benefits do these products and services provide? In this chapter the main things you have to know are:īusiness model: How does the company make money? Do they sell directly to customers or do they sell through retailers or partners? questions about information that strengthens your understanding of the company If you don't then go for this type of clarifying question.Ģ. What are potential restrictions or limitations? What is the measurable metric of success? Here the basic things you have to know about the case objective: Questions that clarify the objective of the case interview This may steer you down the wrong direction in the case interview.īefore starting you case solving you can ask 2-3 clarifying questions.Īctually there are 3 main types for clarifying questions:

I would say that asking clarifying questions is ok, and even necessarily, otherwise you may misunderstand the case objective, the company, or unfamiliar terminology.