How to manage controllable expenses in your respective store ?

Question

Accepted Answer

Controllable expenses can be managed by monitoring and optimizing costs.

Regularly review expenses and identify areas where costs can be reduced without affecting quality or service.
Negotiate with suppliers to get better deals and discounts.
Train employees to be mindful of expenses and encourage them to suggest cost-saving measures.
Implement energy-efficient practices to reduce utility bills.
Track expenses and adjust budgets accordingly.
For example, if the store is spending too much on advertising, consider shifting to more cost-effective marketing strategies like social media or email campaigns.

Accepted Answer

To maintain a proper inventory management and sell out the over dumped stock forthe reasonable discounted price

Accepted Answer

I will controle expenses necessary purchased only

Accepted Answer

AnswerBoti

Controllable expenses can be managed by monitoring and optimizing costs.

Regularly review expenses and identify areas where costs can be reduced without affecting quality or service.
Negotiate with suppliers to get better deals and discounts.
Train employees to be mindful of expenses and encourage them to suggest cost-saving measures.
Implement energy-efficient practices to reduce utility bills.
Track expenses and adjust budgets accordingly.
For example, if the store is spending too much on advertising, consider shifting to more cost-effective marketing strategies like social media or email campaigns

Top Reliance Retail Store Manager interview questions & answers