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Ques:- Which one of the following is true as long as UNIX is concerned A. One can do programming in C only B. It can support terminals capable of printing only uppercase characters C. The text files are sorted as it is in MS-DOS<b...
Ques:- You read an article that lists the following command: dd if=/dev/fd0 bs=512 of=/newWhat does this accomplish?Choose one:a. It copies the contents of a floppy disk to a file called new.b. It copies the file new to a floppy disk.c. It formats a floppyd. It erases a floppy
Ques:- What is spend analysis and how do you use spend analysis to reduce the procurement costs and processing costs?
Right Answer:
Spend analysis is the process of collecting, categorizing, and analyzing spending data to understand purchasing patterns and identify opportunities for cost savings. To reduce procurement and processing costs, you can use spend analysis to:

1. Identify high-spending categories and suppliers.
2. Consolidate purchases to negotiate better terms and discounts.
3. Eliminate unnecessary or duplicate purchases.
4. Optimize supplier selection based on performance and pricing.
5. Develop strategic sourcing strategies to leverage volume and reduce costs.
Ques:- What are different types of contracts ( Blanket and Fixed) in procurement, which type of contract should be used in what conditions.
Right Answer:
In procurement, the two types of contracts are:

1. **Blanket Contract**: This is used for recurring purchases over a specified period. It allows for flexibility in ordering quantities and is suitable when the exact amount of goods or services needed is uncertain.

2. **Fixed Contract**: This is used when the price and quantity of goods or services are predetermined. It is suitable for projects with clear specifications and timelines, where costs are stable and predictable.

Use a blanket contract when you need flexibility and ongoing supply, and a fixed contract when you have clear requirements and want to lock in prices.
Ques:- What is Sales and Operations Planning (S&OP) process and what are the advantages of S&OP process ?
Right Answer:
Sales and Operations Planning (S&OP) is a process that aligns a company's sales and production plans to ensure that supply meets demand. It involves collaboration among various departments, including sales, marketing, production, and finance, to create a unified plan.

Advantages of the S&OP process include:
1. Improved forecast accuracy.
2. Better inventory management.
3. Enhanced collaboration across departments.
4. Increased responsiveness to market changes.
5. Optimized resource allocation.
6. Higher customer satisfaction through better service levels.
Ques:- Procurement Activities
Right Answer:
Procurement activities involve the processes of sourcing, purchasing, and acquiring goods and services needed by an organization. This includes identifying suppliers, negotiating contracts, placing orders, and managing supplier relationships to ensure timely delivery and quality of products.
Ques:- How is budgeting data done?
Right Answer:
Budgeting data is done by gathering historical financial information, estimating future revenues and expenses, setting financial goals, and creating a detailed plan that outlines how resources will be allocated over a specific period. This process often involves collaboration with various departments to ensure accuracy and alignment with organizational objectives.
Ques:- What is IRR?
Right Answer:
IRR, or Internal Rate of Return, is the discount rate that makes the net present value (NPV) of a project or investment equal to zero. It represents the expected annual rate of return on an investment.
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