Question: 1.Explain a typical process for developing an Operational Plan. 2.Explain the purpose of a budget. 3.Explain a typical budgeting process. 4.Explain the purpose of key

1.Explain a typical process for developing an Operational Plan.

2.Explain the purpose of a budget.

3.Explain a typical budgeting process.

4.Explain the purpose of key performance indicators.

5.Discuss four approaches to developing key performance indicators.

6.Discuss the concept of a balanced scorecard as an alternative approach to measuring business performance through key performance indicators.

7.Explain the concept of benchmarking as a way of assessing business performance.

8.Provide a definition of a PCBU and outline their key responsibilities.

9.Outline the aim and scope of the Fair Work Act 2009.

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