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Candidates must be skilled at mentally understanding and calculating a few key income statement metrics, which Kevin discusses.
Kevin offers 1 powerful communication technique for candidates who are not sure of the answer and, therefore, have a tendency to think in silence for long periods.
Misunderstanding and overreacting to the data is a common problem. Kevin discusses several of the practical strategies Toy-R-Us could have followed to take on Walmart.
Kevin discusses the importance of comparing data to find anomalies, the correct way to communicate with the interviewer and the big-picture considerations in strategy cases.