Question: Make a group of three students, and draft a report of minimum 1500 words on the following: 1- Explain a problem/situation that could be solved/improved

Make a group of three students, and draft a
Make a group of three students, and draft a report of minimum 1500 words on the following: 1- Explain a problem/situation that could be solved/improved by using frugal innovations. 2- Identify a latest frugal innovation (maximum one year old) that could solve that problem/improve the situation for the people and explain its usage in a clear way. That particular frugal innovation should be accessible to you/others (suggested cost is within AED 100 to AED 200). Also, explain from where \& how that innovative product will be acquired, along with total cost, when \& where was it first launched for the customers. 3- Explain the potential entrepreneurial opportunity in that innovative product. 4- Design a booth for an attractive display to grab people's attention for that innovative product (a time and day will be announced later for the display event). Consider a video demonstration/actual demonstration/posters/pamphlets for promoting the product. 5- Make a plan to sell that product during display, and to return full or partial amount to respective contributors. 6- List the exact references as footnotes on the respective pages, for the source of information

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