Assignment on negotiating budgets

Assignment Help Business Management
Reference no: EM133047412

LA025286 Skill Assesment , BSBFIM501, Ed 5Task 4 Negotiating Budgets

Before you communicate the budget to your work team, you believe that in the current economic environment, your annual sales budget is too high and you seek to negotiate a reallocation of budgets between sales managers and reduce your budget to 2, 700,000 ( this would represent an individual sales budget of $900,000 per sales person) In this task you will be required to conduct a 5-minute negotiation meeting with your line manager to make required changes.

Negotiation Meeting

You will need a minimum of one participant to act as your line manager.

You will need to arrange for a person to act as your meeting participant.

Meeting participants:

You: Sales manager- You seek to negotiate a reduction in your sales budget.

Student: Line manager. Your line manager is responsible for the total sales of Perfect Plants which over $6,000,000. They believe your budget allocation is fair and will need convincing to change their mind.

Reference no: EM133047412

Questions Cloud

Determine the cash flow from operating activities : If cash received from customers is $234 000, cash paid for salaries and expenses is $130 000, Determine the cash flow from operating activities
Public health nurses in community : Give an example of how Public Health Nurses in your community or county mitigate the spread and/or severity of COVID-19 by providing key PH interventions such a
Influx of new entrepreneurial thinking : What are the most important worldwide social problems that need an influx of new entrepreneurial thinking?
Business implications of economic systems : Please explain (in detail) Business Implications of Economic Systems.
Assignment on negotiating budgets : Before you communicate the budget to your work team, you believe that in the current economic environment, your annual sales budget is too high and you seek to
What must the revenues be : If the debt service coverage ratio (DSCR) is 1.25x, annual debt service and operating cost is $400,000, what must the Revenues be
Cloud computing service : Among "cloud computing" and "open source software", network effects applies to which one and why? Explain with a specific example of either a cloud computing se
What do you mean by research : What do you mean by research? How would you differentiate the general types of research from each other
Analyze a case study of an organization : Analyze a case study of an organization and write a report on it on a recent academic paper on a topic related to ERP implementation on any organization

Reviews

Write a Review

Business Management Questions & Answers

  Explain what organisations can do to manage diversity

Explain what organisations can do to manage diversity more effectively? Using relevant management theory to support your answer.

  Sales department manager at an upscale store

You are the sales department manager at an upscale store. Your boss has talked to you about the appearance of some of your sales clerks

  Synthesize strategies into work setting

Specific strategies that can be used by educational leaders to effect change within their schools are revealed in professional literature.

  What are some of the sustainability issues

Why are MNCs getting involved in corporate social responsibility and sustainability practices? What are some of the sustainability issues?

  Components of the planning framework

Match each of Xi's actions to the components of the planning framework: goal, mission, strategic objectives, tactical objectives, operating objectives, business plan, and budget

  You have been asked to compute the break-even point

You have been asked to compute the break-even point for a new line of souvenir tee-shirts. The selling price will be $25 per shirt.

  Screening analysis to assess window of opportunity

Demonstrate how to generate business opportunities by applying screening analysis to assess the window of opportunity.

  Implementing strategies for continuous improvement

Question: When implementing strategies for continuous improvement, what must you keep in mind?

  Provide your story line and analysis

Select from both Bolman and Deal's four frames and Morgan's metaphors to make sense of an organization you have chosen.

  Supply chain management within their organization

Do small companies need supply chain management within their organization?

  Define statistical calculations use employee salary data set

All statistical calculations will use Employee Salary Data Set. Using the Excel Analysis ToolPak or the StatPlus:mac LE software function descriptive statistics, generate and show the descriptive statistics for each appropriate variable in the samp..

  What role communication play in todays business environment

Write a english research paper about What role does communication play in today's business environment?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd