How do you demonstrate commercial awareness?

To develop commercial awareness, learn about how your organization operates and how it makes money. Stay on top of industry news and events, and use social-networking sites like LinkedIn to reach out to other professionals in your sector, and to participate in groups and discussions.

What are some competency questions?

Competency questions you may be asked at interview include:

• Describe a situation in which you led a team.
• Give an example of a time you handled conflict in the workplace.
• How do you maintain good working relationships with your colleagues?
• Tell me about a big decision you’ve made recently.

What is a commercial question?

Law firms want their lawyers to have commercial awareness so they can relate to the needs of their clients. This means that you need to know what’s going on in the business world. The Commercial Question is a weekly article written by a leading firm designed to get you thinking about commercial issues.

What is big competency question?

Competency-based interview questions (also referred to as situational, behavioural or competency questions) are a style of interviewing often used to evaluate a candidate’s key competencies, particularly when it is hard to select on the basis of technical merit.

What is a commercial awareness question?

Some examples of application form and interview questions which are designed to assess commercial awareness in a candidate: What do you know about our organisation? Who do you think are our main competitors? Tell me about a recent business story in the news that has captured your interest?

What does it mean to have commercial awareness?

Commercial awareness is an understanding of how industries and businesses work. It’s about knowing what’s going on in the world and analysing the way it might impact your chosen sector and company.