Scenario 2: Hotel Futura has successfully operated for 7 years. During this period, overall turnover has doubled, and during the past 3 budget periods annual budgets have been increased by 15% each year which was exceeded each time. During the last 6 months however, management has noticed that the opposite trend seems to be occurring now. List 5 external factors which could contribute to this and explain which methods you would use to determine this. Scenario 3: You have successfully negotiated the draft budget with each department head of the Hotel which has now been approved by the director and implemented 6 weeks ago. SITXFINO02 - Prepare & Monitor Budgets - Assessment 2 Page 6