- Given the reviewed revenue forecast for Month 3, plan the reallocation of resources for Month 3 if you still wish to achieve the same profit as in Month 1. How would you decide which areas to reallocate?
How would you decide which areas to reallocate?
- What strategies could you implement to monitor resource usage throughout Month 3 and how would you involve the staff in the budget plan, review and results process and to keep the staff informed of any changes to the allocation of resources? Included in your answer should be the importance of the awareness of budget control.