You are a supervisor at a medium size business and your manager has supplied you a mid-year financial report. The report states that the company has incurred a financial loss in the last 6 months. You are required to come up with a plan to either reduce the loss or to earn profit for next 6 months.in order to do so you will be required to set up the targets and/or budgets for your team, control the income/expenses and even help for business promotion. In doing so you would be required to take into account the following criteria:

- Set up the time frames and budgeting targets

- Calculate the costs and margins

- Involvement of appropriate people and provision for unplanned costs

- Monitor the expenditure and income (regularly)

- Comparison with the set budget, keeping room for any discrepancies

- Prepare and record invoices

- Provision of help In case of disputed accounts

- Involvement of management in setting up, review and adjustments of promotional strategies

- Stock and/or display equipment required to support promotions ordered and arranged