Question: Assess the imaginary business problem and perform the following task: identify a business, social or environmental problem that has effects on multiple sectors or at

Assess the imaginary business problem and perform the following task:

  1. identify a business, social or environmental problem that has effects on multiple sectors or at a regional level.
  2. Analyze the problem using Ishikawa (fishbone) diagram.
  3. Propose some innovative business ideas using the bricolage concept that will address the business, social or environmental problem in the first phases of business with a lack of resources.
  4. Analyze the competitive environment for the potential business idea using Porter 5 forces matrix.

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