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    BMMA-501 Businessvent.

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    Katrina Nañola Gonzalvo
    This document is a business plan from a group of 8 students called "Business Venture". It discusses three main points: 1) The importance of choosing the right team members for a business as they will provide skills and efficiency to help the business succeed. 2) That while the creative industries in the Philippines face challenges from COVID-19, there are still opportunities through adapting to new platforms like VR and collaborating with other industries. 3) Ways for creative companies to stay competitive including investing in new technologies to increase productivity, and collaborating with other companies to generate new ideas and expand into new markets.

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    BMMA-501 Businessvent.

    Uploaded by

    Katrina Nañola Gonzalvo
    5 views2 pages
    This document is a business plan from a group of 8 students called "Business Venture". It discusses three main points: 1) The importance of choosing the right team members for a business as they will provide skills and efficiency to help the business succeed. 2) That while the creative industries in the Philippines face challenges from COVID-19, there are still opportunities through adapting to new platforms like VR and collaborating with other industries. 3) Ways for creative companies to stay competitive including investing in new technologies to increase productivity, and collaborating with other companies to generate new ideas and expand into new markets.

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    This document is a business plan from a group of 8 students called "Business Venture". It discusses three main points: 1) The importance of choosing the right team members for a business as they will provide skills and efficiency to help the business succeed. 2) That while the creative industries in the Philippines face challenges from COVID-19, there are still opportunities through adapting to new platforms like VR and collaborating with other industries. 3) Ways for creative companies to stay competitive including investing in new technologies to increase productivity, and collaborating with other companies to generate new ideas and expand into new markets.

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    5 views2 pages

    BMMA-501 Businessvent.

    Uploaded by

    Katrina Nañola Gonzalvo
    This document is a business plan from a group of 8 students called "Business Venture". It discusses three main points: 1) The importance of choosing the right team members for a business as they will provide skills and efficiency to help the business succeed. 2) That while the creative industries in the Philippines face challenges from COVID-19, there are still opportunities through adapting to new platforms like VR and collaborating with other industries. 3) Ways for creative companies to stay competitive including investing in new technologies to increase productivity, and collaborating with other companies to generate new ideas and expand into new markets.

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    of 2

    BMMA 501

    BUSINESS
    VENTURE
    Group members:
    Sanvictores, aaron Jhon
    Lapitan, John Chris
    Sta Maria, inah
    de jesus, robert
    Gonzalvo, Katrina n.
    Baldovino, Almira Beatrice
    Gecolea John Harvey
    Esteban Arambulo III
    1.) As the president had said; “to choose the right person or crew for your
    business” is a good calling because this type of mindset will give you an
    advantage on your business's performance In the long run. choosing the right
    people for your crew would provide the necessary proficiency and efficiency
    which will help stabilize the position of your business within the teeming
    Multimedia Industry.

    2.) The creative industries in the Philippines have faced significant


    challenges in the past few years due to the COVID-19 pandemic and other
    adverse economic conditions. However, we believe that there are still many
    opportunities for these industries, particularly in the new normal. And I
    believe that creative industries can create their own opportunities by
    finding unique ways to adapt and innovate in the face of adversity. For
    instance, they can explore new mediums and platforms like virtual and
    augmented reality and find ways to incorporate these into their existing
    offerings. They can also collaborate with other creative industries and form
    new strategic alliances that can help them capitalize on emerging trends
    and opportunities.

    3.) There are several business solutions that companies in the creative
    industries can consider to stay on top of the game in their respective fields.
    First is Investing in technology. Technology continues to evolve at a rapid
    pace, it is important for creative companies to stay up to date with the
    latest advancements. By using cutting-edge tools and software, companies
    can increase productivity, improve efficiency, and provide better services
    to their clients. And also additionally do Collaborations with other
    companies in the field that can help you generate new ideas, tap into new
    markets, and expand existing services. It can also lead to the creation of
    innovative products or services that can stand out from the competition.

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