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2. What are external factors? External factors are social, political, economic and business-related influences that are out of your organisation's control. They are factors to

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2. What are external factors? External factors are social, political, economic and business-related influences that are out of your organisation's control. They are factors to which organisations react. Activity 1D To provide you with an opportunity to provide opportunities for colleagues to contribute to budget planning process .List three aspects of providing colleagues with an opportunity to contribute ideas. 1 Valuing everyone's opinions 2 Learning to work together 3 Communicating clearly 2. List three methods of canvassing your colleagues' opinions. 1 Surveys, either in person or via mail, phone, or online 2 Focus groups 3 Comment cards Activity 2A To provide you with an opportunity to draft budget based on analysis of all available Information 1. List five types of information you would analyse when drafting a budget

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