You have been employed as a business analyst for Kingdom Bank. Your main duties and responsibilities will include analysing banking transactions, reviewing credit and loan applications, suggesting repayments and interest rates on clients’ accounts and ensuring compliance with the banking regulations. Q.1.1 What are the five business analyst personal qualities required to fulfil the above duties and responsibilities? Q.1.2 Explain what is meant by competitive advantage in the Kingdom Bank perspective and what Kingdom Bank must do to sustain a competitive advantage. Q.1.3 What benefits will Kingdom Bank have if it outsourced some of their business functions?

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Budgets

A budget is the sum of the amount allocated for a specific purpose and the summary of expected expenses with a plan to meet them. In general, the word 'budget' is used for the financial planning of an individual or an organization for their estimated income and spending.