2. What is a budget?
Why it's good to budget expenses?
How should you plan a budget?
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3. Here are some verbs we use with
“budget”. What do they mean?
balance
exceed
allocate
approve
adhere to
draw up
increase
reduce
set
work out
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4. Listen to 3 managers discussing their
department's budget /from 2:40/
What do they say about:
→cashflow
→budget allocation for new workstations
→spending authority for managers?
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5. What do these mean:
(a) ….I want to recap the message of...
(b) ...a more lean and mean company...
(c) ...we need to reduce the headcount...
(d)...let's table this issue for now....
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6. Imagine you were asked to plan an
anniversary event at your company.
How would you go about
preparing the budget?
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7. Listen to a man explain
how you can strech your dollars
when planning an event.
What are the 5 things he talks about?
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8. What do these mean:
(a) to trim the fat
(b) in-house services
(c) to play the field
(d) to ditch something
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