You've been asked to reduce the budget by 10%. What criteria will you use

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You've been asked to reduce the budget by 10%. What
criteria will you use in identifying the budget reductions?

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You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / mohd abdul qader

I will concentrate on Business Process re-engineering.Every
business process should be analysed in to small segments
and each segment should be further divided into procedure
and process and from these basic procedure, eliminate
unworthy area of process and procedure thus by doing this
kind of exercise for each area we can reduce our budget
with out compromising quality

Is This Answer Correct ?

8 Yes

0 No

You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / maitreyee

I will reduce the resources which are not helpful for
achieving the profit.

Is This Answer Correct ?

3 Yes

0 No

You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / surekha

I will Concerntrate on weak points of the organisation
which are increasing the cost and achieve the same by
minimising the same.

Is This Answer Correct ?

3 Yes

0 No

You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / surya parashar

to reduce 10%budget.i would reduce time and resource to
meet the objective.

Is This Answer Correct ?

4 Yes

2 No

You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / prasad

Curtail the unnecessray expenditures...in
operations,SCM,Marketing & all related departments by the
way of VA/VE, process improvements,modifications,use of
alternate process/materials and process imprpovement by the
way of decreasing cycle time using work study/analysis......

Too many options to be considered depending on type of
industry and volume...

Is This Answer Correct ?

2 Yes

0 No

You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / mohan ram

I'll make qualitative approach in every field nd use d
resourse optimum.

Is This Answer Correct ?

1 Yes

0 No

You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / nimesh

i will consentrate on inventory management and promotional
expensis. and try to reduce unnecessory expensis.

Is This Answer Correct ?

2 Yes

1 No

You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / poonam

Reducing excess stock, work in progress and reducing the
time taken from raw material to finished product.

Is This Answer Correct ?

1 Yes

0 No

You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / pranav

budget is goal of organisation quantified in numericals
how to reduce budget by 10% will depends upon for what
budget is made eg., sales, production
as from above question it is clear that budget is alredy
made i will reduce all variable contibuting to it to
such extent that budget is not affected qualitativly
and is in adherence to policy of organisation

Is This Answer Correct ?

1 Yes

0 No

You've been asked to reduce the budget by 10%. What criteria will you use in identifying the ..

Answer / deepak

SWOT / PERT - CPM Analysis would be the best to reduce the
cost

Is This Answer Correct ?

1 Yes

1 No