MGMT20143: Business Report on Innovative Non-Biodegradable Plastics

This business report delves into the innovative concept of converting non-biodegradable plastics into roofing tiles and flooring. The report begins with an executive summary highlighting the environmental challenges posed by plastic waste and proposes a solution to reduce pollution through the creation of durable and portable building materials. The report then explores the problems faced by customers due to plastic pollution, offering the innovative solution of transforming plastic waste into roofing tiles and flooring. It outlines the advantages for clients, including the portability and durability of the products. A detailed business model canvas is presented, covering customer segments (polymer manufacturers, biotech companies), key partners, value propositions (sustainable development, customized products), key activities, channels, revenue streams, cost structures, key resources, and customer relationships. The report emphasizes the interrelationships among the business model components and discusses critical success factors, such as sustainability and customization. It also analyzes potential risks, including material sourcing and cost considerations. The feasibility of the project is evaluated, and the report concludes by emphasizing the potential of the proposed solution in gaining a competitive advantage by providing customized products and reducing environmental pollution. The report is supported by references to relevant academic literature.