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I would ask questions based on the "job description". Any job worth applying for will have a job description. Get a copy of it. Read it and ask questions based on that. The interview panel will appreciate it. No questions about pay and vacations, but hours, job duties, stuff like that is acceptable. First thing is to ask if it's okay to ask questions.
I ask for a copy of the P&L prior to the interview and ask questions about that. I also ask about reserve policy and funding, accreditation status, enrollment projections, any pending litigation, whether student the body is representative of the demographics of the region, transparency and decision making processes. I also ask what the biggest impediment is, if any, to successfully addressing each of these topics.
I always like to ask why the position is vacant. It almost always gives valuable information. For example, if the person got promoted you have the sense there is a career path from there plus now you know that person is still at the company and might be able to speak with him or her. If it's a new job because the company is growing, that's good information as well. If it is vacant because someone left, why did s/he leave?
Rule #1: get them talking about themselves. Just about everyone on the planet LOVES to talk about themselves so this is a tactic I've always used. Ask them how they got into their current role, what their background was before taking the role, etc etc. It's a sneaky psychological play but it works, people leave feeling great about themselves after the conversation.
i always get stuck sometimes on when they ask why i want to work for their company. then i have to try to retrieve some facts about the company from my head that i tried to memorize beforehand.
I always ask practical work scenarios and how they handle them. It tells a lot about their reasoning process. I also ask them their favorite and least favorite parts of their previous position and why they’re interested in this one. And of course their biggest weakness which is usually bs but something you have to ask.
First thing is to ask if it's okay to ask questions.
If it isn't, you aren't in an interview... you're the subject of an interrogation. That would be a huge red flag.
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