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what types of budgets might be utilised in hospitality and why are they necessary? What information would be used to inform the budgetsboth internal and
- what types of budgets might be utilised in hospitality and why are they necessary?
- What information would be used to inform the budgetsboth internal and external?
- How might the different sections or personnel in an enterprise contribute to the budget?
- How would you select the appropriate budgeting processes?
- With whom might a draft budget be discussed and why?
- Once the budget is finalised, to whom should it be communicated and why?
- How, when and why should the budget be reviewed?
- If the review shows that the budget is not achieving its intended objectives, what action might be taken?
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