Management Head Interview Questions and Answers

I would follow a flexible budgeting pattern based on the company's goals and financial situation.

• I would start by analyzing the company's financial situation and goals.

• I would then create a budget that is flexible and can be adjusted as needed.

• I would prioritize spending based on the company's goals and needs.

• I would regularly review and adjust the budget as necessary.

• Examples of budgeting patterns include zero-based budgeting, activity-based budgeting, and incremental budget...read more

POSDCRB approach is a management tool used for planning, organizing, staffing, directing, coordinating, reporting, and budgeting.

• POSDCRB stands for Planning, Organizing, Staffing, Directing, Coordinating, Reporting, and Budgeting.

• It is a management approach used for effective planning and execution of tasks.

• It helps in achieving organizational goals and objectives.

• For example, a project manager can use POSDCRB approach to plan and execute a project by defining project goals, ...read more