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M G Sons Interview Questions and Answers

Updated 5 Feb 2024

Q1. Can you handle price negotiation from Lome for Buying at Burkina Faso?

Ans.

Yes, I have experience in price negotiation and can handle it remotely.

  • I have experience in negotiating prices remotely.

  • I am familiar with the procurement process in Burkina Faso.

  • I am comfortable communicating with suppliers in Lome.

  • I can use technology to facilitate negotiations, such as video conferencing or email.

  • I am confident in my ability to secure favorable prices for the company.

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Q2. Which products have you exported apart from current products ?

Ans.

I have exported various products including electronics, textiles, and machinery.

  • Exported electronics such as smartphones and laptops to various countries

  • Exported textiles such as cotton and silk to Europe and North America

  • Exported machinery such as industrial equipment to Asia and Africa

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Q3. Rotation cycle of Shipment if company resume same quantity every month

Ans.

The rotation cycle of shipment will depend on the lead time and transit time of the shipment.

  • Lead time and transit time will determine the frequency of shipments.

  • If lead time is 2 weeks and transit time is 1 week, then the rotation cycle will be 3 weeks.

  • The company should also consider inventory levels and demand forecasting when determining rotation cycle.

  • Efficient logistics planning can help optimize rotation cycle and reduce costs.

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Q4. Which agro products are you exporting from Togo?

Ans.

We export a variety of agro products including coffee, cocoa, cotton, and cashews.

  • Coffee

  • Cocoa

  • Cotton

  • Cashews

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Discover M G Sons interview dos and don'ts from real experiences

Q5. How much quantity can be done by me? Possibility

Ans.

The quantity that can be done by me depends on various factors such as resources, time, and complexity of the task.

  • The quantity that can be done by me will depend on the available resources such as manpower, equipment, and budget.

  • The time available to complete the task will also play a crucial role in determining the quantity that can be done.

  • The complexity of the task will also impact the quantity that can be done. More complex tasks may require more time and resources.

  • It is...read more

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Q6. Operating cost of products

Ans.

Operating cost of products is a crucial factor in procurement and logistics management.

  • Operating cost includes expenses related to production, transportation, storage, and distribution.

  • It is important to analyze and optimize operating costs to improve profitability.

  • Factors affecting operating costs include raw material prices, labor costs, energy costs, and transportation costs.

  • Effective procurement strategies can help reduce operating costs by negotiating better prices and t...read more

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Q7. Fix cost for company

Ans.

Fixed costs are expenses that do not vary with changes in production levels or sales volume.

  • Fixed costs include rent, salaries, insurance, and property taxes.

  • They are important to consider when creating a budget or financial plan.

  • Reducing fixed costs can increase profitability.

  • However, some fixed costs may be necessary for the company to operate effectively.

  • Regularly reviewing fixed costs can help identify areas for cost savings.

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