Interested to Buy Any Domain ? << Click Here >> for more details...
What cost-cutting measures have you implemented?
- 3 Answers
- 9275 Views
- GE, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rajesh
Overtime costs, work should be carried out during normal working hours purchases of goods should be done after evaluating prices from at least three suppliers
Telephone costs should be monitored through the voice recording system.
Cashflow position should be monitored to avoid overdraft charges fuel coupons should be signed for and all pool cars mileage should be recorded to and from work.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ashish
i will firstly try to reduce electricity bill by remove all
unneecesary lighting in office.
limited telephone connections.
limited blue colur employee.
| Is This Answer Correct ? | 0 Yes | 0 No |
Unwanted cost cutting measures are very important not only
during recession period but also required for normal course
of business.
We have followed measures:
-Removed number land line phone connection provided on
sharing basis i.e. 1 each to 4 employees.
-Re-fixing mobile allowance to lower limit.
-Switching off the lights during the lunch time.
-Switching off the ACs every 2 hours once for next 2 hours.
-Cut down the unwanted travels.
If it is business call then meeting to be conducted on VC to
extent possible.
-Reducing the undesired stocks.
-Re-negotiated prices with vendor.
| Is This Answer Correct ? | 0 Yes | 0 No |
How do you value freehold property investment assets?
Why the closing stock will not appear in the Trial Balance?
What do you mean by Green-shoe option?
What is meant by advance ruling? What is the scheme of advance rulings?
Expand -------CTEI
What is Financial planning?
what do you mean by suspense account?
For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production
What is deffered revenue expenditure
hi..this is swathi.i completed mba finance and graduation bsc microbiology.my question is companys like genpact,factset.. will hire me.is there any rule like that...I am very much greatful if u answer me....
What's the method to prepare the MIS Report? or What's the Step of prepare of MIS Report?
expense paid but the benefit not been received so far like deferred exp so can we consider it as a prepaid exp.
Audit 
