Read the case study below entitled TOWNSHIP BUSINESS IDEAS AND OPPORTUNITIES [UPDATED] posted on Oct 18th, 2021.

Imagine that you have just successfully completed the MBA5901 module. You have been approached by a close friend who inherited R50 000 from a deceased relative, requesting your assistance to navigate the road ahead concerning any of the Kasi business opportunities presented in the case study. After your initial meeting with your friend and your subsequent appointment as business consultant, you were given the following brief: 1. Your friend is looking into a Kasi business idea and needs your guidance regarding the identification of a suitable business opportunity, to cease upon it, and to create such a business that will add and create new value for the market. 2. Your friend also indicated that all business administration matters pertaining to legal registration of the business, licensing, creating a business account, and so forth, will be addressed. Your guidance, advice and recommendations are sought regarding value-based management. 3. You are also tasked to craft a suitable value creation or innovative plan for the identified market(s) and to ensure the successful implementation and measurement thereof. 4. Furthermore, your friend is very keen to involve you as potential partner and stakeholder in the business.

QUESTION 1 Using the information provided in the case (although you are not limited in terms of ideas), identify a suitable Kasi business opportunity given the limited R50 000 budget. Your choices and explanation of the following should be clearly explained and justified: 1. The type of business opportunity you identified for your friend. 2. A suitable name for the company. 3. The physical location for the company and the industry in which the company will position itself and operate. 4. The companys product(s) and/or service(s)