Rentech Designs India Leasing Manager Interview Questions and Answers

Product costing for new parts

• Determine the cost of raw materials and labor required for production

• Include overhead costs such as rent, utilities, and equipment maintenance

• Consider any additional costs such as shipping or packaging

• Compare the cost to market prices to ensure profitability

• Regularly review and adjust costing as needed

Zero based costing is a method of cost accounting that involves starting from scratch and justifying every expense.

• Zero-based costing requires a thorough analysis of all costs associated with a new part

• It involves starting from a zero base and justifying every expense

• This method is useful for identifying unnecessary costs and improving efficiency

• Example: A company wants to introduce a new product line and uses zero-bas...read more

I handle problems by identifying the root cause, brainstorming solutions, and implementing the best course of action.

• I start by gathering all relevant information and analyzing the situation

• I identify the root cause of the problem

• I brainstorm potential solutions and evaluate their feasibility

• I select the best course of action and implement it

• I monitor the situation to ensure the problem has been resolved

• I communicate t...read more

I organise my targets by prioritising them based on their importance and setting achievable goals.

• I categorise my targets based on their urgency and importance

• I set achievable goals for each target

• I create a timeline for achieving each goal

• I regularly review my progress and adjust my targets accordingly

• I use tools like spreadsheets or project management software to keep track of my targets

• For example, if I have a targe...read more

Escalations can be handled by active listening, empathizing, and providing a solution.

• Listen actively to the customer's concerns

• Empathize with the customer's situation

• Provide a solution that addresses the customer's concerns

• Follow up with the customer to ensure their satisfaction

• Escalate to higher management if necessary