Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Describe your business (Coffeeville) and the relevant industry. (Summarise what you have learnt from your research via the intranet - do not copy and
Describe your business (Coffeeville) and the relevant industry. (Summarise what you have learnt from your research via the intranet - do not copy and paste-Use your own words to summarise your analysis of the business) 2. What does the term 'scope' mean in financial perspective for a business? 3. What should a budget include? Why would you consider a budget to be a useful tool? 4. Using the PEST acronym: Political . Environmental Social Technological . Explain the possible "external factors" that may affect the budget for Coffeeville. For each of the above PEST factors, list and describe in detail at least three (3) for each that may have an impact of Coffeeville's budget. 5. List and describe at least 3 'internal factors that could potentially impact on Coffeeville's budget for the next 12 months. 6. Explain at least 5 methods that your colleagues/team could use to communicate and contribute their ideas and /or research to the budget planning process.
Step by Step Solution
★★★★★
3.38 Rating (145 Votes )
There are 3 Steps involved in it
Step: 1
Coffeeville is a coffee shop and caf that offers various coffee blends pastries sandwiches and snacks The business is located in a busy commercial area targeting office workers and students The indust...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started