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PLANNING ACTIVITY Strategic, Tactical, and Operational Planning Directions: Imagine yourself as an entrepreneur who will venture into a new business. You may develop a new business idea or present a concept used in your previous activities. Focus on small enterprises involving a mini food business such as dumpling stalls, refreshment stands, or coffee and milk tea shops. It can also be a non- food business involving retailing or an e-commerce shop engaged in online selling. The business idea may also be derived from existing service-oriented ventures like event organizing, parlor shops, or even consultancy jobs. Be creative in writing a short description for your business venture and answer the required items below. Business Description: Craft a vision, mission, and values/philosophy for your proposed business. Refer to Pages 2-3 of 03 Handout 1. (20 points) Vision Mission Values / Philosophy Identify the specific goals, estimated budgets, required resources, including marketing and funding for your proposed business. Refer to Page 3 of 03 Handout 1. (20 points) Specific goals with fixed deadlines Budgets Resources Marketing & Funding Set specific policies (hiring of employees, required dress code), rules (clock time of employees, required behavior from employees), and procedures (for example, sourcing of raw materials, service delivery, and product preparation) of your proposed business. Refer to Page 4 of 03 Handout 1. (20 points) Policies Rules \f