Economic Interview Questions

Questions to idenfy a busines's >>

Business Profile:
• Major activities
• How is the business structured
• Types of products / services it provides
• Brief profile of the owner
• Previous experiences / qualifications
• Reasons for starting this business
• Personality traits / skills / competencies (Appendix 1)
• How does the owner believe he can successfully run the business
• What goals has he set for the business / time frame
• Outlining the short term goals for the business.
• Outlining the long term goals for the business.

Location Analysis:
• Where is the business located at
• Site structure / analysis of the location (Appendix 2)
• The factors affecting the location. Is it suitable?
• Why has the owner selected this site? His opinions on it.
• Is it a good decision?
• Is there any real strength for the location chosen?
• Compare to my analysis
• Is there any room for expansion?

SWOT Analysis:
• Strengths / weaknesses
• Opportunities / threats of business
• SWOT analysis (Appendix 3)
• Where do the greatest opportunities lie?

QUESTIONS.

Strengths
 What are the business advantages?
 What does it do well?
 What do customers see as the strengths?
 What potentials do these strengths have for the business?
 How do these strengths benefit the business?

Weaknesses
 Where could you improve?
 Where does the business do badly?
 What should the business avoid?
 How can you garner a larger amount of customers instead of the same customers?
 When or how could you turn weaknesses to strengths? Are you planning to improve on the business' weaknesses?

Opportunities
 Where are the good opportunities facing the business?
 What are some interest trends the owner is aware of?
 Any changes in technology and markets on both a broad and narrow scale
 Changes in government policies related to your field?
 Do