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LO3 Produce a marketing plan for an organisation that meets marketing objectives. P4 Develop a marketing plan that includes key elements of marketing planning for an organisation to achieve marketing objectives. M4 Produce a detailed tactical marketing plan that integrates the extended marketing mix to achieve marketing objectives.LO4 Develop a media plan to support a marketing campaign for an organisation.P5 Produce a media plan that includes recommendations and rationale for selected media activities that meet budgetary requirements and objectives of a marketing campaign brief. M5 Devise an integrated multimedia plan, selecting appropriate digital, offline and social media channels for communication.

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Week 1 Question (10 marks) Differentiate between a sole trader, company and a partnership. Support your answer to this by citing the advantages and disadvantages of using each business structure. (10 marks) Week 2 Question (10 marks) Teresa and Alison operate a partnership making and selling jam. A reduced supply of fruit has resulted in a fall in sales. Alison purchased a large supply of glass jars that must be paid for within 30 days. The funds are not available to meet this expense. Teresa was not consulted when Alison bought the jars and insists that Alison pay for them out of her personal savings. What do you think will be the legal consequences here resulting from Teresa’s decision not to consult Alison? (10 marks) Week 3 Question (10 marks) Provide a case summary of the case “Salomon v Salomon & Co Ltd [1897]” using the IRAC method. What was the significance of this case law in relation to the legal concept of separate legal entity? (10 marks) Week 4 Question (10 marks) When can the corporate veil be lifted under the Corporations Act to make directors liable for corporate debts? (10 marks) Week 5 Question (10 marks) Provide a case summary of the case “Lee v Lee’s Air Farming Ltd [1960] UKPC 33” using the IRAC method. What legal principle came out of this case in relation to why the court lifted the corporate veil in this case?

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