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Splendid hospitality group Interview Questions and Answers
Ques:- Housekeeping supervisor
Right Answer:
A housekeeping supervisor is responsible for overseeing the housekeeping staff, ensuring cleanliness and maintenance of the facility, managing schedules, training employees, and maintaining inventory of cleaning supplies.
Ques:- What do you understand by Working Capital Management (WCM)?
Right Answer:
Working Capital Management (WCM) refers to the process of managing a company's short-term assets and liabilities to ensure it has sufficient liquidity to meet its operational expenses and short-term financial obligations. It involves optimizing the levels of inventory, accounts receivable, and accounts payable to maintain a healthy cash flow.
Ques:- How will you allocate finance in this current situation to achieve target output?
Right Answer:
To allocate finance effectively, I would first assess the current financial situation and prioritize essential expenses. Then, I would allocate funds based on the potential return on investment, focusing on high-impact areas that align with our target output. Regular monitoring and adjustments would ensure we stay on track to meet our goals.
Ques:- What is budgeting how to maintain it?
Right Answer:
Budgeting is the process of creating a plan to manage income and expenses over a specific period. To maintain it, regularly track actual spending against the budget, adjust for any changes in income or expenses, and review it periodically to ensure it aligns with financial goals.
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