Part E: Prepare reports on key aspects of the business Context: After three (3) months of implementing the business plan, a review of performance was conducted. Following are the outcomes of the review conducted: The graphic templates (Brochure and business cards) designed by the newly recruited web designer has failed to meet the client specifications and had some errors in their formatting. This is due to the failure of the quality management system. The organisation does not have a formal system of quality checking. The operating costs have increased by 5% for the first quarter due to clients requesting re-work on a number of projects. The performance management system has failed to keep track of real-time performance and provide training on the areas of improvement. Therefore, leading to performance issues. Description: This part of the activity requires you to report on key aspects of the business and make variances to the business plan. The report must be prepared using 'Template 4' and must be 400-500 words in length. To complete this activity, you are required to: Analyse the information given in the 'Context'. Analyse system failures, product and service failures and identify variances to the