Akiko realizes the importance of developing a for her interior design business. akiko understands the importance of appropriately allocating resources in order to achieve the goals of her firm. financial forecast cash flow analysis budget market prediction

Explanation:

Akiko should create a strategic plan that will help in appropriately allocating resources in order to achieve the goals of her firm.

Budget.

Explanation:

A budget is an estimate of income and expenditure within a specified period of time, and is usually re-evaluated and reviewed periodically.

A budget could be for an individual, government, organization, family, nation, etc. Budget helps in strategic planning of activities in quantifiable terms, budget could either be surplus or deficit budget. A surplus budget makes money available in the future, while in a deficit budget expenses exceeds income.

Types of budget.

• Sales budget.

• Production budget.

• Capital budget.

• Marketing budget.

• Revenue budget etc.

answer; engaging in effective public relations;

reducing the scale of the market for a new product.