You are required to clearly define the problem, analyse the problem and offer a possible solution(s), to meet the scenario criteria and constraints thereof. This overview should provide the user with a description of how you have worked through this assignment, any tool and/or approaches you may have used, and the overall output. This overview will commence with your work in the initial step of the Problem-Solving Process and continue through to ultimately selecting your optimal solution.

Scenario: The Ellen MacArthur Foundation report, Towards the Circular Economy: Opportunities for the Consumer Goods Sectors, argues that Over time, the market is likely to systematically reward companies with an edge in circular business practices and hence dramatically lower resource requirements. As a new sustainability manager of your company, justify to the Board of Directors why the company needs to go down this path as recommended. Are there any possible consequences for the companys refusal?