a] Identity the type of budget being used by the organisation. b] Identity the type of nancial plan being used by the organisation. c] Access the current budget in your background document. Complete and analysis of the Master budget to Identity areas that may nut be achievable, inaccurate or unclear. Copy the master budget page provided. using the information known to you. you must make changes as required She would like you to look closely at the budget for your cost centre. note any changes you think are necessary. develop an argument for the changes and negotiate these changes with her. Information you ate aware of includes: I Sales in the rst quarter {Q1}. third quarter {23}. and the fourth quarter (04] are generally soc less than the second quarter [Q2]. I Sales in Q2 depend on completion of eoa. of repair and maintenance. I Sales for 02 have been estimated to be $1.t}.. I Commission negotiated with members of the sales team is now at 2.5%. a) Saies: make your corrections in green: b] Commission rate: make your corrections in blue. c) Repair and Maintenance: make your corrections in Prepare a contingency plan Using the information provided below. It has come to the attention of the Managing Director. Tom Copeland. that due to the current economic climate. sales volume may be scct. below target this nancial year. Tom is worded that this may severely impact prot projections. The company can accept as much as a loot: variance in prot projections; however. more than this could severely affect the company's ability to pay obligations and invest. Reliable data to determine whether the risk has evenmated should be available by mid 02. when sales data for the company's product are in. As a special project. the Managing Director has asked you to perform a risk assessment and develop a contingency plan to manage the risl: of sales falling 2U'lc. As Iero Ianisational IIlic I should use the continIen Ian temlate ovided. In the contingency plan you must i. Idenu'ly at least 3(three1nsks. ii. Include shategieslacthdties to minimise the risk iii. Determine a due date {By when) iv. Allocate responsibility {By whom] oem Discuss and Ne-odste During the meeting vou will be observed on your abilityr to communicate and interact with others. The following will provide you with guidance on what the observer will be looking for: 1. Use of clear and apprdpiiate language. Clear and appropriate language may include: o Semi-formal a Professional a Clearly spoken o No mumbli ._ 2. Use of active listening stills. Active sts-ring skits may include: o Maintaining eye contact o Repeathg what the speaker has said to conrm understanding 1: Asking questions 3. Use of questioning skills to elicit information and seek feedback: o Use of open questions to obtain information o Use of closed questions to conrm so: I vs ".9 iii-\"I