The Director has been asked to cut the operating budget by
10%. He has asked you to prepare recommendations for
reducing the budget. How would you approach this task?
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Answer / Sanjay Kumar Chaudhary
To reduce the operating budget, I would start by analyzing the current expenditures and identifying areas with excess spending. Next, I would look for opportunities to increase efficiency, such as automating processes or negotiating better deals with suppliers. Lastly, I would prioritize essential expenses and consider postponing non-essential projects.
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