Think Big : Assignment (Doc)
Added on 2021-06-17
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Running head: THINK BIGThink BigName of the Student:Name of the University:Author’s Note:
2THINK BIGExecutive summaryIn this fast-paced world, the population is increasing rapidly and this also gives rise to anincrease in the number of wastes produced by them. People often lack proper places and facilitiesof disposing of the wastes properly. Indiscriminate disposing of the wastes gives rise to bacteriaand large-scale pollution. It is for this reason that a very innovative business idea would be todevelop recycle bins that will break down each waste particle into degradable substances andconvert them into natural manure.
3THINK BIGTable of ContentsIntroduction......................................................................................................................................2Effective explanation of the customer/market problem that needs solving and/or the reason theinnovation is required......................................................................................................................2Persuasive argument of the benefits to be generated by the idea....................................................2Discussion of the proposed business model....................................................................................5Critical success factors to be managed during execution of the idea..............................................6Evaluation of the feasibility of the idea...........................................................................................8Conclusion.......................................................................................................................................8
4THINK BIGIntroductionDumping of wastes is becoming one of the major problems in the modern day scenario.People in every household are having a major problem in dumping their household wastesproperly. So, they often dispose of the wastes in the raw form. This, in turn, causes large-scalepollution. So, there has to be some unique business technology that will be providing newmachinery called the recycle bin. This will not only help in reducing the waste but will also helpin converting the waste into fertilizer (Pearce, 2014).Effective explanation of the customer/market problem that needs solving and/or the reasonthe innovation is required.The problems that exist in the market in the modern day scenario are the lack of propergarbage dumping system. It is one of the major problems that also exist in the market. Each daythere are a huge amount of wastes that are accumulated (Brunner & Rechberger, 2015). Thehouses often lack proper methods dumping the wastes. So, many people have the habit ofdumping the wastes without proper treatment. This results in large-scale pollution. Though someamount of the wastes is treated still a large amount is left. This causes a huge amount ofpollution as well. It is for this reason that a recycle bin that can also produce fertilizers might beused (Binnemans et al., 2015).Persuasive argument of the benefits to be generated by the ideaThere will be many benefits of using this method. This will be a path-breaking inventionin the field of business and it will help in breaking down the wade into simple soluble particles
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