Question: Activity 2.2: Develop a business plan This activity is a continuation of Activity 1. This activity requires you to develop a business plan that addresses

Activity 2.2: Develop a business plan This activity is a continuation of Activity 1. This activity requires you to develop a business plan that addresses the goals and objectives of Online Media Solutions When developing the business plan, you must incorporate the outcomes of Activity 1 and analyse and research business vision, mission, values, objectives, goals, competitors, financial targets, management arrangements and marketing approaches. You must develop the business plan using the template provided in "Appendix-C: Business plan template". Word-limit to prepare the business plan is 1200-1500 words. To develop the business plan, you are required to: a. Analyse the information given in the case study. b. Identify organisational frameworks, including mission, vision, values, and objectives relevant to developing a business plan. (Based on Activity 1) c. Identify the legislative frameworks, including: - Licence and permit requirements - Legal requirements for selling products and services - Regulatory requirements d. Identify and assess marketing requirements, marketing objectives and established plans (Marketing analysis and operational strategy) based on the information given in the case study and conduct research to develop the marketing strategy. Identify the target market Conduct market analysis and document marketing activities and strategies relevant to operational strategy and marketing phiectives e. Conduct research, identify any three (3) competitors in the market and conduct competitor analysis to identify the competitive advantage. f. Document productivity and performance targets for key result areas based on the consultation conducted in Activity 1 g. Identify financial, human and physical resource requirements for the business based on the information given in the case study h. Identify and document the financial indicators assessing the performance of the business based on the information given in the financial analysis in the case study. i. Develop a business plan using the template provided in "Appendix-C: Business plan"
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