Finance/Budgeting Manager

Finance/Budgeting Manager Interview Questions and Answers

Updated 28 Jul 2021

Q1. If company has policy to pay no kickbacks and a truck loaded with chocolates worth of rs 25 lacs of company was caught by govt officials without any deficiency but they do not agree to release the truck unless...

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Ans.

I would refuse to pay the bribe and report the incident to higher authorities. The permanent solution would be to strengthen anti-corruption measures and educate employees about the importance of ethical practices.

  • Refuse to pay the bribe and explain the company's policy against kickbacks

  • Report the incident to higher authorities, such as the management or legal department

  • Provide evidence of the incident, such as photographs or witness statements

  • Cooperate with the government of...read more

Q2. How to reduce logistic cost in e commerce business.

Ans.

Reducing logistic cost in e-commerce business can be achieved through optimizing transportation, inventory management, and packaging.

  • Optimize transportation routes and modes to reduce shipping costs

  • Implement efficient inventory management systems to reduce storage and handling costs

  • Use sustainable and cost-effective packaging materials and methods

  • Negotiate better rates with logistics providers

  • Utilize data analytics to identify areas for cost reduction

  • Explore alternative deliv...read more

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