KEC International Assistant Manager Commercial Interview Questions and Answers

We managed utilities by closely monitoring usage, implementing energy-saving measures, and negotiating contracts with suppliers.

• Closely monitored utility usage to identify areas of high consumption

• Implemented energy-saving measures such as installing LED lighting and programmable thermostats

• Negotiated contracts with utility suppliers to secure favorable rates and terms

Concession management involves negotiating and managing agreements with vendors for services or products within a commercial space.

• Concession management involves negotiating contracts with vendors for space within a commercial property.

• It includes setting terms for revenue sharing, rent, and other financial arrangements.

• Managers oversee vendor performance, compliance with agreements, and resolving any disputes.

• Examples...read more

A concessionaire is a person or company that holds a concession or lease to operate a business within a specific area or facility.

• Concessionaires are often found in industries such as food and beverage, retail, and entertainment.

• They typically pay a fee or percentage of their revenue to the entity granting the concession.

• Examples of concessionaires include food vendors at sports stadiums, retail shops in airports, and