What have you done to save company income?

Question

Accepted Answer

Implemented cost-saving measures and negotiated better deals with vendors.

Reduced office supply expenses by 20% through bulk purchasing and negotiating with suppliers.
Implemented energy-saving initiatives resulting in a 15% reduction in utility costs.
Consolidated software licenses and renegotiated contracts, saving $50,000 annually.
Introduced a telecommuting program, reducing office space requirements and associated costs.
Streamlined the hiring process, resulting in a 10% reduction in recruitment expenses.
Developed a budget tracking system to monitor expenses and identify areas for cost-cutting.
Conducted regular audits of company expenses to identify and eliminate unnecessary spending.

Popular interview questions of Additional General Manager