Question: Imagine this scenario: You have been given the goal of [blank]. You have been given the budget of [blank] thousand dollars to reach this goal. What will you do and how will you spend this money?

Alternative Question Phrasing:

If you had $5,000 to spend by the end of the month to hit your goal of [insert specific goal here], how would you spend it?

Question Details:

Question Type:

Situational

Skills:

Basic – Critical Thinking,Complex Problem Solving,Management of Financial Resources,Systems – Judgment and Decision Making,Systems Evaluation

Abilities:

Cognitive – Originality,Cognitive – Speed of Closure (Thinking Speed),Cognitive – Visualisation

Other Factors:

Personality-Job Fit,Personality-Organization Fit

Work Activity (Task):

Information Input – Estimating Characteristics of Objects, Events, or Information,Information Input – Identifying Objects, Actions, and Events,Mental Processes – Developing Objectives and Strategies,Mental Processes – Judging the Value of Things, Services, or People,Mental Processes – Thinking Creatively (Creativity),Mental Processes – Updating and Using Relevant Knowledge

Work Context (Person-Job/Team/Org Fit):

Interpersonal Relationships – Relationship With Supervisor,Job Structure – Level of Responsibility (Impact of Decisions on Co-workers or Organization Results)

Work Style (Person-Job Fit):

Achievement/Effort (Action/Result Orientation)

Question Frequency

Question Difficulty

What to look for in an answer:

If the candidate’s focus is to not only to meet the goal within the budget provided but also to figure out options to save as much money they can.

Red Flags to Watch For:

Be careful of answers that over promise based on the budget given. Also, if an interviewee says they won’t spend the money, this needs to be questioned.

Sample Answer:

The answer will depend on whether the size of the goal and the size of the budget match.

Question Source: https://blog.hubspot.com/marketing/marketing-interview-questions