What is included in an operating budget, and how is this helpful?
What will be an ideal response?
ANSWER: The operating budget includes a sales forecast. A forecast can be acquired from a linear regression analysis or a trend line analysis. This is a good place to start because a manager must look at past months' sales figures. It usually gives an idea of what to expect in the upcoming year. This type of budget also includes an estimation of expenses. A layout of the groundwork helps the manager to get a clear picture of the costs involved in keeping up the business. The layout will also help estimate the number of sales needed each month.
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Identify four steps to take when responding to rumors and encountering negative information on social media
What will be an ideal response?
What are the three rules for using questions in your sales approach?
What will be an ideal response?
Employees at the Falcon's Lair are experts in hiking and climbing, so the firm's MPR professionals should participate in source filing to ________
A) compile news stories B) develop advertisements C) promote the company D) raise employee salaries E) restructure the firm
Which of the following practices is best avoided when preparing a business report?
A. Placing the executive summary after the introduction section B. Including the name of the person for whom the report is prepared in the title page C. Drawing conclusions for the report from personal observations D. Including information in the body of the report, about how the research was done