Give example of how general economic trends

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Reference no: EM132171933

Give an example of how general economic trends would affect sales, direct-labor, and cash disbursement forecasting in the airline industry.

What data points/information would you seek out if you were responsible for a Bed and Breakfast sales budget as well as market share growth (ie increasing sales), and who or where would you seek out that information.

How could creating a product standard quantity and/or price be motivational or de-motivational to employees? How are comparing standards to actuals beneficial to those planning a budget?

Related to exhibit 11-10 in the book, if your role is Store Manager, what would your communication be to the person in charge of the kitchen ie the person in control of the indirect materials? What would be your goal, and in what ways will you try to motivate them to accomplish that goal?

Reference no: EM132171933

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