Cutting cost in Business Communication

2. NAFIS KAMAL
REG. NO.: 13116003
BA (Hons) in English
UNIVERSITY OF ASIA PACIFIC

4. Definition of Cutting Cost
• Cost cutting can be used as a business tool to become more
competitive.
• Cost cutting is a measure used by a company to reduce costs
with the goal of increasing efficiency.

5. Importance of Cutting Cost
•Cutting costs has a direct impact
on an organization’s profitability.
•Cutting costs also frees up
money that can be used in other
areas of the business.

6. Strategies for cutting cost in
Business Communication

7. Fixed Line Costs
Tips to Control Costs:
• Cancel unused lines.
• Understand companies’ call profile and the
real call tariffs.
• Check companies’ bills carefully and try
to find billing errors.
• Avoid calls to Directory Enquiries.

8. Mobile Costs
Tips to Control Costs:
• Use text messages instead of calling.
• Consider the costs of supporting smart phones.
• When abroad Turn off data roaming and connect to a local Wi-Fi
point which is free in many cafes and hotels.

9. Data
• Tips to Control Costs:
• Understand what company is paying for.
• Monitor usage.
• Take action before problems occur.

10. Technology
• Tips to Control Costs:
• Ensure the network is properly
managed.
• Understand how the system will be
used, how many sites will be
supported and what functions will be
used.
• Ensure the additional security and
business.
• Ensure the benefits are identified.

11. Management and Control
Tips to Control Costs:
• Understand companies' terms and ensure company has a written
copy.
• Be aware that terms may be communicated in different ways,
including in writing, billing messages and updates to websites.
• Ensure company’s service levels are appropriate for the product.

12. Policies
Tips to Control Costs:
• Implement a clear policy regarding the personal use of companies’
mobiles.
• Forbids employees lending company devices to friends and
relatives.
• Prevent employees’ own mobiles being connected to company
computers and networks.