Read the case study below and answer all questions correctly Budget review You are an Operations Manager with Marino Enterprises and oversee the operations for six of the venues. John Marino has asked you to monitor and review specific budget figures for two businesses as presented below and present an analysis of their meaning for the organisation. The management team are keen to identify issues that need to be addressed based on an analysis and review of the budget data in order to optimise the viability of the business while retaining market share, market position and their high product and service standards. You have been presented with the following information: Property 1 Selected budget data Projected/Budgeted figure Actual figure Room Sales 20,000,000 12,000,000 Food sales 5,000,000 9,000,000 Liquor sales 3,000,000 5,000,000 Wages 2,100,000 2,500,000 Rent 1,000,000 1,200,000 Overheads 500,000 450,000 Item Month Property 2 Six month's total sales figures $ Budget 50,000 54,000 $ Actual July 49,300 58,970 August 66,160 September October 58,000 62,000 65,500 66,000 67.570 November December 70,000 69,040 QUESTION 5 Why would you want to conduct a major investigation into sales for September? 1) The organisation has found out that other businesses in the chain had shown a 6% positive variation in actual sales against budgeted revenue figures: list three suggestions on what might you do about this? iii) How might you research internal factors impacting the figures you have been given? Give three suggestions. iv) In late June Property 1 undertook a major advertising campaign that had been factored into budgets for July given the actual results for July, what action might you suggest to management