Discy Latest Questions

  1. Hey Pallavi Outsourcing is mainly done to reap financial benefits in the form of low wage rates, low technology cost or to save man hours and cost of energy being used. Some companies outsource their peripheral business functions to be able to focus on their core business function. For example, a coRead more

    Hey Pallavi
    Outsourcing is mainly done to reap financial benefits in the form of low wage rates, low technology cost or to save man hours and cost of energy being used. Some companies outsource their peripheral business functions to be able to focus on their core business function.
    For example, a company whose core business function is manufacturing soap, may outsource packaging function to a third party if that is financially beneficial.

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  1. This answer was edited.

    Hey Amruta, Outsourcing is a business strategy wherein you appoint or hire a third party (individual or company) to do dedicated tasks or functions for your company. For example, if you are coming up with a new company and you need a logo for the same. You can hire a free lance graphic designer to gRead more

    Hey Amruta,
    Outsourcing is a business strategy wherein you appoint or hire a third party (individual or company) to do dedicated tasks or functions for your company.
    For example, if you are coming up with a new company and you need a logo for the same. You can hire a free lance graphic designer to get the work done for you instead of hiring a full time graphic designer under your company’s payroll.

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If a Google employee reveals that he or she intends to leave because they have *accepted*–not received–an offer from a talent competitor like Facebook, in some cases they will be “walked off” so that they will no longer have access ...Read more

  1. I know people who left Google for Facebook, they were not walked out. Why would they be walked out of Google? Because facebook competing with Google? I have left Google twice, both times for Apple, in both cases Apple was a competing organization, in all cases I had a good talk with my managers up aRead more

    I know people who left Google for Facebook, they were not walked out. Why would they be walked out of Google? Because facebook competing with Google?

    I have left Google twice, both times for Apple, in both cases Apple was a competing organization, in all cases I had a good talk with my managers up and HR discying opportunities in Google, in both cases I was not escorted, I was given two weeks to talk more and to complete my project. I left in good terms with all my friends, managers and Google. Google is very fair organization, it treats people extremely well . I can imagine that some department might be supersecret and they will do it, but I was working for core search quality which is secretive too and I was asked to leave.

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As an interviewer, I occasionally conduct interviews that become painful as time goes on because the candidate is doing so poorly. I have the impression that, in these cases, the candidate internally knows they are not getting the job, and ...Read more

  1. You then have the option to elaborate if you feel so inclined and/or if the now-former candidate asks either with the literal truth or something generic like “I just don’t think it’s a good fit.” I actually had someone do that to me in a face-to-face and that’s how they worded it. It was supposed toRead more

    You then have the option to elaborate if you feel so inclined and/or if the now-former candidate asks either with the literal truth or something generic like “I just don’t think it’s a good fit.”

    I actually had someone do that to me in a face-to-face and that’s how they worded it. It was supposed to be 3 steps in the interview and after 20 minutes they decided I wasn’t suited for them*. I was actually grateful that they chose not to waste my time going through the motions.

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  1. "Having a co-founder for your startup will help you in following ways: 1. Better decision making: The co-founder will help you in better decision making by providing you a different perspective on a particular idea. When faced with a dilemma they can also guide you. 2. Moral and Emotional Support: TRead more

    “Having a co-founder for your startup will help you in following ways:
    1. Better decision making: The co-founder will help you in better decision making by providing you a different perspective on a particular idea. When faced with a dilemma they can also guide you.
    2. Moral and Emotional Support: The co-founder can be your support system in times of stressful situation.
    3. Support of Investors: It is said that investors prefer businesses that are run as a team and not by individuals. Having a co-founder can be great here.
    4. Division of responsibility: You would not have to take up everything upon you. Responsibilities can be shared between the both of you.
    Here is an article to help you further with this question: https://www.feedough.com/why-do-you-need-co-founder-for-your-startup/

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What could be the perfect definition of a startup?

  1. This answer was edited.

    In short: startup is a newly established business. That's all. Usually it has about 1-3 founders who develop a product for a certain area of the market.

    In short: startup is a newly established business. That’s all. Usually it has about 1-3 founders who develop a product for a certain area of the market.

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  1. Well the role of a CTO depends from one company to another, but yes there are some basic responsibilities that I guess every CTO has. Since they are the head of technological head of a company so they need to monitor technological, social and scientific trends that could influence the company's busiRead more

    Well the role of a CTO depends from one company to another, but yes there are some basic responsibilities that I guess every CTO has. Since they are the head of technological head of a company so they need to monitor technological, social and scientific trends that could influence the company’s business goals. They also need to identify opportunities and risks for the business and participate in management decisions about corporate governance.
    CTOs also play an important role in research and development. Their duty is to research and recommend the most effective content management systems (CMS).They also maintain current information about technology standards and compliance regulations.
    CTOs got to manage research and development of technology, IT assets and associated revenue. They also need to communicate the company’s technology strategy to partners, management, investors and employees. Also, assist with the recruitment, retention, acquisition and sales efforts of the company.

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  1. There are many types of swaps, although in order of their quantitative importance, they are: interest rate swaps, basis swaps, currency swaps, inflation swaps, credit default swaps, commodity swaps and equity swaps. Generally, the most common kind of swap is an interest rate swap. Swaps do not tradeRead more

    There are many types of swaps, although in order of their quantitative importance, they are: interest rate swaps, basis swaps, currency swaps, inflation swaps, credit default swaps, commodity swaps and equity swaps. Generally, the most common kind of swap is an interest rate swap. Swaps do not trade on exchanges, and retail investors do not generally engage in swaps. Rather, swaps are over-the-counter contracts primarily between businesses or financial institutions that are customized to the needs of both parties.

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  1. There are four basic types of intellectual properties, they are: 1. Patents: This is important for all the new innovations and discoveries as it is used to protect inventive ideas or processes for the things that are new, useful and nonobvious. Patents are what most often come to mind when thinkingRead more

    There are four basic types of intellectual properties, they are:
    1. Patents: This is important for all the new innovations and discoveries as it is used to protect inventive ideas or processes for the things that are new, useful and nonobvious. Patents are what most often come to mind when thinking of IP protection.
    2. Trademark: A trademark is unlike a patent in that it protects words, phrases, symbols, sounds, smells and color schemes. Trademarks are often considered assets that describe or otherwise identify the source of underlying products or services that a company provides.
    3. Copyright: Copyrights do not protect ideas, but rather the manner in which ideas are expressed like written works, art, music, architectural drawings, or even programming code for software. With certain exceptions, copyrights allow the owner of the protected materials to control reproduction, performance, new versioning or adaptations etc.
    4. Trade Secret: Trade secrets are proprietary procedures, systems, devices, formulas, strategies or other information that is confidential and exclusive to the company using them. They also act as competitive advantages for the business.

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