a)Prepare a draft business plan for an organisation that has been in existence for two decades, and wants to start a new activity. You must include the following criteria:

i.Review and evaluate pre-existing strategic, business and operational plan, if available.

ii.Analyse and interpret business vision, mission, values and objectives

iii.Consult with key stakeholders.

iv.Review market requirements for the product or service, profile customer needs and research pricing options.

v.Develop performance objectives and measures through consultation with key stakeholders.

vi.Identify financial, human and physical resource requirements for the business.

vii.Consider any permits or licences that may be required for new activity.

b)How can you monitor performance of the organisation against the business plan?

c)Design an appropriate training plan based on the assumption that certain groups or individuals are under-performing in respect to the performance data contained in the new business plan.

i.Consider a range of options, solutions and actions to implement the training.

ii.Estimate the cost of training in both monetary and other terms.

iii.Demonstrate the various stages involved in the implementation of the training.

What policies and/or procedures may need to be changed?