Find Interview Questions for Shahi exports pvt ltd

Right Answer:
To negotiate with a supplier, follow these steps:

1. **Preparation**: Research the supplier's market position, pricing, and alternatives.
2. **Establish Goals**: Define your objectives, such as price reduction, better payment terms, or improved delivery schedules.
3. **Build Relationships**: Foster a positive rapport with the supplier to facilitate open communication.
4. **Identify Key Points**: Focus on negotiation points such as:
- Price per unit
- Payment terms (e.g., net 30, net 60)
- Delivery schedules and lead times
- Quality standards and guarantees
- Volume discounts or bulk pricing
- Flexibility in order quantities
- Support and service levels
5. **Listen Actively**: Understand the supplier's needs and constraints to find mutually beneficial solutions.
6. **Be Willing to Compromise**: Identify areas where you can give in to achieve your primary goals.
7. **Document Agreements**:

Right Answer:
The Procure to Pay (P2P) cycle is the process that involves the steps from purchasing goods or services to making the payment for them. It typically includes the following stages:

1. **Need Identification** - Recognizing the need for a product or service.
2. **Supplier Selection** - Choosing a supplier based on criteria like price and quality.
3. **Purchase Order Creation** - Issuing a purchase order to the selected supplier.
4. **Order Acknowledgment** - Supplier confirms receipt and acceptance of the order.
5. **Goods/Services Receipt** - Receiving the ordered items or services.
6. **Invoice Receipt** - Receiving the invoice from the supplier.
7. **Invoice Approval** - Verifying and approving the invoice for payment.
8. **Payment Processing** - Making the payment to the supplier.

This cycle ensures efficient procurement and payment management within an organization.

Right Answer:
The role involves managing and optimizing the flow of goods, information, and finances throughout the supply chain to ensure efficiency and meet customer demands.

Right Answer:
1) Autoclaving (steam sterilization)
2) Dry heat sterilization
3) Chemical sterilization (e.g., ethylene oxide, hydrogen peroxide)
4) Radiation sterilization (e.g., gamma rays, UV light)
5) Filtration sterilization
6) Plasma sterilization

Right Answer:
Reliance JioPhone supports 22 Indian languages.

Right Answer:
Electronics is the branch of science and technology that deals with the behavior and movement of electrons in various materials, primarily focusing on the design and application of circuits and devices that use electrical energy.

Right Answer:
The procedure for testing after implementation as a functional consultant includes the following steps:

1. **Develop Test Cases**: Create detailed test cases based on business requirements and functional specifications.
2. **Conduct Unit Testing**: Test individual components or modules to ensure they function correctly.
3. **Perform Integration Testing**: Verify that different modules work together as intended.
4. **Execute User Acceptance Testing (UAT)**: Involve end-users to validate the system against their requirements and ensure it meets their needs.
5. **Document Results**: Record the outcomes of all tests, noting any defects or issues.
6. **Resolve Issues**: Work with the development team to fix any identified problems.
7. **Retest**: Conduct tests again after fixes to ensure issues are resolved.
8. **Finalize Documentation**: Prepare final testing documentation and sign-off from stakeholders.
9. **Go Live**: Move the system to production after successful testing and approval.

Right Answer:
The main differences between depreciation methods are:

1. **Straight-Line Depreciation**: Allocates an equal amount of depreciation expense each year over the asset's useful life.

2. **Declining Balance Depreciation**: Accelerates depreciation by applying a fixed percentage to the asset's remaining book value each year, resulting in higher expenses in the earlier years.

3. **Units of Production Depreciation**: Bases depreciation on the actual usage or production level of the asset, leading to varying expenses depending on how much the asset is used.

4. **Sum-of-the-Years'-Digits Depreciation**: Accelerates depreciation by applying a fraction based on the sum of the years of the asset's useful life, resulting in higher expenses in the earlier years compared to later years.

Right Answer:
CASH FLOW management focuses on the inflow and outflow of cash in a business over a specific period, while FUND FLOW management analyzes the sources and uses of funds, showing how funds are generated and utilized over a longer period.

Right Answer:
A Delivery Note is used to confirm the delivery of goods to a customer, providing details about the items delivered, their quantities, and serving as proof of delivery.

Right Answer:
Target cost is the maximum cost that a company can incur to produce a product while still achieving a desired profit margin. It is determined by subtracting the desired profit from the competitive market price of the product.