Contents
Unit 6: Business Decision Making
Module objectives
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Objectives
Creating and interpreting financial forecasts
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Creating and interpreting financial forecasts
Viability of a business – ratios analysis
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Viability of a business – ratios analysis
Threats and 'what if' scenarios
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Threats and 'what if' scenarios
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Creating a contingency plan
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Creating a contingency plan
Case Study: Contingency Planning
Module 6: Creating, interpreting and analysing financial forecasts

Case Study: Contingency Planning

 

Follow the link and read the article:

Eisteddfod: 'Contingency plan' for inclement weather

What are the dangers identified in the piece?

Why is a mobile festival like the Eisteddfod more vulnerable to the effects of severe weather?

What impact could not having a contingency plan have on the Eisteddfod? Discuss with a friend.

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