1. With the aid of practical examples from an identified start-up, identify and explain 4 major differences between a business model and a business plan. (20 Marks) 2. You intend to start a business with a few friends producing independent movies for Netflix. You have heard of a concept called the liability of newness that suggest that that new firms are more likely to fail relative to older ones. Discuss 4 strategies that your entrepreneurial team will adopt to overcome this liability. (20 Marks)