Answer:
☛ These questions are often used to test your ability to structure, as well as your ability to think laterally, make logical links and communicate clearly.
☛ Make mental calculations quickly by making sensible estimates and rounding numbers up or down.
☛ Does your answer make sense? If you're answer doesn't make sense, chances are you've made a bad assumption, estimate or calculation. Go back and carefully check your work and provide a new answer.
☛ You can use business frameworks (SWOT, Porter's Five forces, etc.) or mind mapping to support your analysis and answers, as long as it makes sense.
☛ Many market sizing questions revolve around issues being faced by an organization or industry. Commercial awareness can be very important to answering market sizing questions.
☛ Make mental calculations quickly by making sensible estimates and rounding numbers up or down.
☛ Does your answer make sense? If you're answer doesn't make sense, chances are you've made a bad assumption, estimate or calculation. Go back and carefully check your work and provide a new answer.
☛ You can use business frameworks (SWOT, Porter's Five forces, etc.) or mind mapping to support your analysis and answers, as long as it makes sense.
☛ Many market sizing questions revolve around issues being faced by an organization or industry. Commercial awareness can be very important to answering market sizing questions.
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