Management Consulting Mock Interview By BCG & BAIN Consultants | KAGR
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- Опубліковано 15 жов 2024
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Few more ideas:
1. Sourcing cost, shelf life and optimising economies of scale by bulk buying ingredients.
2. Dessert ticket size was high, per capita consumption was low, so could have reduced the serving size to half in an hopeful attempt to increase volumes and also keeping margins % constant.
My 2 Cents here is :
1. He can ask whether a health club or fitness club started lately in the college that is decreasing our Profitability margins and if it does, they can introduce a new item if the client wishes to.
2. I'm afraid that he didn't enquire about the competitors that recently emerged and their pricing for the same products.
3. College students mostly hang together and therefore it might be a good choice to introduce a BOGO kind of offer by introducing a combo where dessert also comes into play.
why get afraid? live stress free.
U mean 2 rupees
this is an amazing video everyone talks about the consulting insights but never really showcased how its done in the Indian context so It was a great video of how a profatability case is solved would really like some more videos on different framworks like pricing and market entry
One thing I believe which could have been covered is that since an all you can eat offer has been implemented the consumer usually fills his needs or hunger through the consumption of spaghetti itself and is too full to order any dessert since in a normal scenario a consumer will have dessert after eating the main course, therefore a consumer will usually not prefer to have dessert since all the hunger can be fulfilled by the all you can eat spaghetti.
Amazing!
As a management consultant aspirant, this was really a goldmine. Kindly provide more such videos.
before = 1* 4 = 4 and 1*6 = 6
margin = revenue - cost / revenue = 6-4/6 = 33.33%
after = 1.6*4 = 6.4 and 1.6 * 6 = 9.6
margin = revenue - cost / revenue = 9.6 - 6.4 = 33.33%
this is a amazing video please make a few more of these kind .......like a great example and how to approach a problem and solve it.....
Here I would like to add the outside premises of the canteen as well. How much is it clean and lighten up..speciallyat night? Visuals of all the eateries for its 1st glimpse is also required here to increase customer volume ( what we usually see it in McDonald's or Buger king)
Please... continue this series....🙃
I think watching Shark Tank India Season 3 onwards will help you develop this skill much better. The sharks know the industries well and it is more simplistic and better explained. This thinking style feels like a CA Final Strategic Cost Management question.
Great video to follow learn about the profitability...
Could he ask regarding the soft drinks and deserts offered and give idea on to increase few varietys if it wasnt offered to retain the customer.
as a begineer i understand well but here is the problem like we are indian we don't know english food names like pagitains some u said foods that are not relatanble for many beginerrs as well so i suggest that use any lyamn used food like that it understands for all
Brilliant video 👏🏻 Please continue making this kind of videos 🙏🏻 .
Thanks for sharing this video 😊
Fantabulous!! Please make more videos on case studies.
Insightful✅
Need more similar videos
Can i ask why the consultant didnot ask anything about the location it is located?
All good but why r they talking abt dollars??? Is this how it goes in this field particularly???
Indian brands usually less
Can a BCA graduate become a management consultant? Having 7 years of software testing experience 😊. Please let me know so I am planning to switch my career. I have a career gap of 2 years for now.
The competitor element was missing in the analysis. You discussed the company (product, pricing, and promotions) and the customer (preferences) but did not consider the aspect of competitors. I believe that even if the impact could be low, it should still be considered
insightful content to watch i m in mumbai how can i attend your session
This is so insightful.
Very much informative
Amazing initiative
If I increase price from 8$ to 10$, what if the customer volume (footfall) goes down? Then, won’t it affect the revenue and hence the profit?
(Of course profitability would go high - understood that)
Btw, great video! Thanks for posting
Margins don't come down to 20%, they come down to 25%. 1.6/6.4=.25
Margin is generally calculated on Sale price not on cost price
I thought they said not to use a paper
MAKE MORE VIDEOS LIKE THIS
Good ❤
Keep it doing 1 vedio is not enough to learn
get another
So no focus on the taste and competitors? Like why out of nowhere customers started to decline? Was it only due to price??
I don't think there was a decline in customers, infact the sales volume of spaghetti and soft drink was increasing. The problem was the decline in profits due to decrease in margins. Please correct me if I'm wrong.
If it's the only cafe near/in the campus of the college, there are essentially no competitors right?
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