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1.  Use the concepts like empathy and write a solid PROBLEM STATEMENT that is aligned with your customer pain points and global SDGs. 2.  Determine the main cause of the problem in no. 1. 3.  Use brainstorming with your friends/classmates/relatives and then ideate to compose a convincing VALUE PROPOSITION of your start-up product/service to address the cause of the problem identified in no. 2. Create a three slides containing: 1.  Your PROBLEM STATEMENT 2.  The 5 WHYs ILLUSTRATION of determining the root cause of the problem 3.  Your VALUE PROPOSITION

1.  Use the concepts like empathy and write a solid PROBLEM STATEMENT that is aligned with your customer pain points and global SDGs. 2.  Determine the main cause of the problem in no. 1. 3.  Use brainstorming with your friends/classmates/relatives and then ideate to compose a convincing VALUE PROPOSITION of your start-up product/service to address the cause of the problem identified in no. 2. Create a three slides containing: 1.  Your PROBLEM STATEMENT 2.  The 5 WHYs ILLUSTRATION of determining the root cause of the problem 3.  Your VALUE PROPOSITION

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1.  Use the concepts like empathy and write a solid PROBLEM STATEMENT that is aligned with your customer pain points and global SDGs.
2.  Determine the main cause of the problem in no. 1.
3.  Use brainstorming with your friends/classmates/relatives and then ideate to compose a convincing VALUE PROPOSITION of your start-up product/service to address the cause of the problem identified in no. 2.

Create a three slides containing:
1.  Your PROBLEM STATEMENT
2.  The 5 WHYs ILLUSTRATION of determining the root cause of the problem
3.  Your VALUE PROPOSITION

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