1. Analyse role of planning the development of new business streams (600 words)
a. Difference between a strategy and a plan
b.Ideas and examples of different approaches to delivering business growth
c. Analyse impact and resource requirement for growth strategies in a range of organisations
2. Develop appreciation of different business models and how performance and success of ventures may be evaluated (600 words)
a. Different business models and their revenue streams
b. Identify and recommend ways in which business performance can be measured and evaluated
c. Examples of innovation in businesses and their success
3. Prepare a business model and present a business sales plan (700 words)
a. Use environmental scanning as a tool to identify business opportunities
b. Analyse businesses that have successfully used environmental scanning
c. Provide examples of strategic fit in determining growth options