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Meet with colleagues to discuss the marketing budget. The final part of the assessment requires you to meet with colleagues to confirm the Marketing Budget for the year.
You are also required to introduce the team to the company's Finance Policies and Procedures. This is to ensure that they understand financial management responsibilities and reporting arrangements so that the marketing budget can be accurately implemented and monitored.
These requirements form part of the company's requirements for finalising budgets.
At the meeting, you will need to:
Discuss the overall budget allocation for marketing
Discuss the amounts allocated to each marketing activity
Provide an outline of the Finance Policies and Procedures.
During the meeting, you will need to demonstrate effective communication skills including:
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