Bbdm3033 Entreprenuership|Social Problem Assessment Answer

SECTION 1 : Social Problem/Issue which you have Identified ▪ Discuss the social problem/s in whatever location in Malaysia that you have identified (based on factual research) for the purpose of setting up a transformational entrepreneurship business entity to help alleviate this problem/s. (Note: Proper citation and referencing are required) ▪ Your discussion should cover: • The social problem/issue – provide proof and statistics from research to justify this is a real existing problem • How serious is the problem currently (show proof with referenced statistics) • The group of people experiencing the social problem • The population size of these affected people – an estimate is needed • The exact location of these affected people in Malaysia o SECTION 2: Your proposed Solution to the Social Problem/Issue identified ▪ Explain clearly (with pictures and diagrams, if needed) your idea for the creation of a transformational entrepreneurship business entity towards solving the social issue/problem identified above. o SECTION 3  Justify that your Solution is Transformational Entrepreneurship 9 ▪ Justify how your proposed business entity is able to contribute towards a medium to high long-term societal impact ▪ Justify how your proposed business entity can be financially sustainable in terms of cash generation and profitability (i.e. have medium to high economic impact) ▪ Justification on how your proposed business entity is scalable (how easy or difficult it is to increase the size of your business) o SECTION 4Justify that your Solution is Relevant and Feasible in view of the new realities and challenges of the Post-Covid-19 World ▪ Explain how your proposed transformational entrepreneurship start-up business model will still be relevant and be able to compete successfully by adapting or coping with the anticipated new realities and challenges in the conduct of business post-Covid-19, including compulsory safety protocols for all employees and customers