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Industry : ITES / BPO / Customer Service
Functional Area : Project Management
Activity: Question posted: 02 14 2012 03:54:17 +0000, 1 answers, 51 views, last activity 02 20 2012 08:24:04 +0000
 
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Hi, 

I need some information .. How can you understand and control costs? and Is there an escape clause in the deal or protection in place for when business conditions change ?

 
  Answered by     Sarabjeet Singh Johar, BMS student, Mumbai University  | 02 20 2012 08:24:04 +0000
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costs are unavoidable but u have to single of controlable and uncontrolable(necessary) cost. While analysis of blanace sheet its best to link the company with another company manufacturing identical product under similar conditions. This would give u a better picture acc. to Industrial stds and policy adopted by the company. Yes there are number of clauses, natural calamity is one i can remeber, others maybe be uncontrolable inflation of inputs > 5% which can affect the total output. Catch hold of lawyer he'll tell u many

 
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