1. Determine the feasibility of your forecasts using the extract from the management report. You may also research external sources if necessary.

• Ensure to write your email using clear and concise language, and that they are typographically correct

Extract from the management report

There is an increase in demand for biodegradable nappies as it is environmentally friendly

The decision to utilise social media platforms to advertise our board games has been very successful and reduced our advertising cost.

Our major supplier for the biodegradable materials raised their prices by 10%. The Purchasing Manager did not raise this with Lucy as he did not think it was significant.

Management was able to renegotiate the 20CY+1 lease for the business premises with no increase in rent occurring until 1 January 20CY+6.

Wages were increased by 5% during the year to help offset the increase in cost of living post global pandemic.