Cost Benefit

Frameworks / Generic / Execution

What is this question about?

This question is to test whether you have a basic understanding of which business components to analyze to try to understand how companies make strategic decisions.

What is the interviewer looking for?

The interviewer is evaluating you on the following:

  • Do you have basic knowledge of how to work up a strategy?
  • Can you answer the question in a structured and organized way, or do you shoot from the hip and do so without taking a moment to think about the question?
  • Are you articulate or do you tend to ramble?

How to structure your answer?

  • Ask clarifying questions.
  • Break down the problem into components using a mix and match of popular frameworks such as SWOT analysis and the 5Cs.
  • Analyze each component.
  • Wrap up with key insights and provide a recommendation.