Week 6: Opportunities Flashcards
What are the two model dimensions and the factors under each according to the cultural map?
- Rational: Evaluating, Deciding, Trusting, Scheduling
- Social: Disagreeing, Persuading, Communicating, Leading
Explain what the Rational (Evaluating) model is.
Answer on slide 11.
Explain what the Rational (Deciding) model is.
Answer on slide 12.
Explain what the Rational (Trusting) model is.
Answer on slide 13.
- Task based trust: confidence in someone’s abilities ot do a job or perform a task is created through having worked together
- Relationship based trust: confidence in someone else’s abilities to do a job or perform a task comes from your affective relationship with a person you have socialized with.
Explain what the Rational (Scheduling) model is.
Answer on slide 14.
Explain what the Social (Disagreeing) model is.
Answer on slide 15.
Goal vs. Relationship
- Competing: one party seeks to satisfy interest regardless of impact to other party
- Collaborating: both parties win
- Compromise: both parties win and give up something
- Avoiding: one or both parties seek to suppress the conflict
- Accommodating: one party yields the win to the other party
Empathetic vs. Sympathetic
- Empathetic means putting yourself easily and completely in another person’s shoes
- Sympathetic means showing concern for someone when something bads happens
Explain what the social (Communicating) model is.
Answer on slide 20.
Explain what the social (Persuading) model is.
Answer on slide 21.
- Principles first: means providing the whole picture (understand the why)
- Application first: means outlining what must be done in detail and later providing the background (understanding the how)
- Asian cultures are a special case as they use both approach to be persuasive.
Explain what the social (Leading) model is.
Answer on slide 22.
Identify one such instance where cannot unpivot columns on TIBCO cloud and suggest a workaround.
- You cannot unpivot calculated columns.
- The trick is to create a new dataset (copy of the tidied dataset), so the calculated columns become “permanent”, and is not dependent on other column but this only works for small datasets.
Identify the key metrics that should be showcased on a Sales Dashboard.
- Leads by source
- Pipeline
- Sales cycle
- Closed Opportunities
- New Business vs Uspselling
- Win / Loss Rate
- Product gaps
- Open opportunities
- Open activities
- Open cases
- Opportunities past due
- Sales by close data
Identify the pseudo code to calculate moving average on TIBCO.
𝐴𝑣𝑔([𝑛𝑒𝑤_𝑐𝑎𝑠𝑒𝑠]) 𝑂𝑉𝐸𝑅 (𝐿𝑎𝑠𝑡𝑃𝑒𝑟𝑖𝑜𝑑𝑠(7, [𝐴𝑥𝑖𝑠. 𝑋]))
LastPeriods(7, [Axis.X]) is a function used to specify the scope or window for the aggregation. It indicates the last 7 periods or data points based on the values along the X-axis. The function appears to calculate the average over this window.
Tell me the use cases of various Simple Exponential Smoothing (SES) methods.
- Weighted Average (WA): good when you have multiple variables
- SES: Good when there is no clear trend or seasonal pattern
- Holt’s Exponential Smoothing (HES): Good when there is a trend
- Winter’s Exponential Smoothing (WES): Good when there is also seasonality