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. The role of Board of Directors is significant and poignant for a company. The board determine the company's vision and mission to guide and set the pace for its current operations and future development it also determine the values to be promoted throughout the company and review company goals and pRead more

    The role of Board of Directors is significant and poignant for a company. The board determine the company’s vision and mission to guide and set the pace for its current operations and future development it also determine the values to be promoted throughout the company and review company goals and policies.
    The Directors review and evaluate present and future opportunities, threats and risks in the external environment and further determine strategic options, select those to be pursued, and decide the means to implement and support them.Their role is to create business strategies and ensure that the company’s organisational structure and capability are appropriate for implementing the chosen strategies.
    As they are on the top level of hierarchy, so they need to delegate authority to management, and monitor and evaluate the implementation of policies, strategies and business plans.They also need to determine monitoring criteria to be used by the board and ensure that internal controls are effective.
    They also need to understand and take into account the interests of shareholders and relevant stakeholders. While they should also monitor relations with shareholders and relevant stakeholders by the gathering and evaluation of appropriate information.

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  1. Insider trading is illegal use of information of a company for one's personal profit. This term is commonly used to refer to buying or selling of stocks on the basis of information that is not available to the public. Let's consider an example of a manager who has exact information about the stocksRead more

    Insider trading is illegal use of information of a company for one’s personal profit. This term is commonly used to refer to buying or selling of stocks on the basis of information that is not available to the public. Let’s consider an example of a manager who has exact information about the stocks which is not disclosed and he uses that information to buy stocks of his own company knowing the profit he will manifest out of this action, then it is called insider trading.
    Other example of it could be an employee trading the information about his company’s future planning regarding a product with some other competitor company in the market.

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  1. According to a definition:"The conversion rate is the number of conversions divided by the total number of visitors." Broadly speaking, An eCommerce conversion rate is the percentage of website visitors who purchased something from your online store in set period of time. A high conversion rate is iRead more

    According to a definition:”The conversion rate is the number of conversions divided by the total number of visitors.” Broadly speaking, An eCommerce conversion rate is the percentage of website visitors who purchased something from your online store in set period of time. A high conversion rate is indicative of successful marketing and web design: It means people want what you’re offering, and they’re easily able to get it. This act is called a conversion, and it’s just about the most important metric you’ll need to watch as you plan on building your business and increasing revenue.
    To get a better understanding you may watch the video:

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