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GeekInterview.com > Interview Questions > Accounting > Supervisory
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Question:
What cost-cutting measures have you implemented?
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| July 07, 2009 03:40:05 |
#1 |
| krishnahr13 |
Member Since: July 2009 Total Comments: 1 |
RE: What cost-cutting measures have you implemented? |
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.
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