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TOPIC 10 - A problem in their neighborhood and find a creative solution for it. (Group)

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TAN WAI KEN When we discovered that the ground was completely covered with litter? 1) After a Bazaar or Pasar Malam  - After a pasar malam ends, you’ll notice the streets covered in litter, with trash bins overflowing and piles of waste behind the stalls. Oil stains mark the ground, and the air still carries the smell of smoke from food vendors. It's a stark contrast to the lively market scene, revealing the aftermath of a bustling night. 2) After organized a big event such as New Year’s Eve celebration -   After the New Year’s Eve celebration, the Bukit Bintang area in Kuala Lumpur turned into a garbage- filled mess. Plastic bags, boxes, and water bottles were strewn everywhere. According to a post on  Alam Flora’s Facebook page, their cleaning crew spent over 8 hours to clear up this mess. Surprisingly, on just that one night, they managed to collect 9,000 kilograms of trash. Problem Statement Waste Management Issues - Inadequate Waste Management, Irresponsibl...
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TOPIC 9 - Discuss the challenges and opportunities for Amazon (Group)

What is Amazon? (Tan Wai Ken TP070991) Amazon is being founded by Jeffrey Preston Bezos in Bellevue, Washington during the year of 1994. It started with an online bookselling company and now become the world's largest e-commerce company and a prominent cloud service provide. (Waters, 2024) Challenges 1 :   Amazon, as an e-commerce platform that open to numerous numbers of the third-party seller, allows B2C and C2C market to promote and sell their product, faces a significant issue with counterfeit products. Due to the lack of proper regulation and limitation of the system where it couldn't identify new account is made by the same scammer, issues such as fake parcel or sellers failing to ship products to customers occur repeatedly.  This has harmed its reputation and trust among the users which is very serious when there are multiple competitors like Lazada, Taobao and Shopee keep challenging its position right now. Moreover, Amazon also needs to improve its shipping ...
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INTERVIEW QUESTION : KL HYGIENCE ?

TEOH MENG LUN What cause the hygeine issues in Kl? Climate and Environmental Condition Tropical Environment :   Heat and Humidity: The environment is consistently warm and humid, which speeds up the breakdown of organic waste and attracts bugs like cockroaches, rats, and flies. These insects can lead to poor hygiene and the spread of diseases.   Heavy Rainfall:   Flooding: Heavy rains that fall frequently in Kuala Lumpur can cause flooding. Waste, sewage, and chemicals can be dispersed by floodwaters, resulting in huge hygienic problems. Flooding can also interfere with waste management operations, resulting in exposed and uncollected trash.   PATRICK WOO SOON TAT Problem Statement Insufficient Infrastructure in KL :  1. Lack of rubbish bin: In KL, there are not enough rubbish bins for people to throw. As a results, people would simply litter around and causes KL to be unhygeine. Besides that, rubbish bin are place on places that are not appropriate . Bins...
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Topic 6 What are some of the problems bringing in new investors?

For a variety of reasons, it can be difficult for businesses to draw in new investors. The following are some typical issues that businesses could run into when attempting to attract new investors:     1. Market Situation   Economic Uncertainty: Investors may be reluctant to commit cash due to economic downturns, market volatility, or geopolitical upheaval. Interest Rates: Rather than focusing on stocks or other high-risk assets, investors may choose to shift their focus to fixed-income securities that are safer.   2. Issues Particular to the Company   Financial Performance: Investors may be put off by subpar financial results or a lack of profitability. Companies with solid financial standing and room to grow are what investors look for. Business Model Viability: It may be challenging for a company to draw in investors if its business plan is ambiguous, untested, or thought to be unsustainable. Issues with management and leadership: A major obstacle may be a l...
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TOPIC 4 - Discuss where the good idea come from, How to generate more good ideas?

 Discuss where the good idea come from, How to generate more good ideas? Good ideas can originate from a variety of sources, such as: 1.Individual experiences and observations: A lot of innovators get ideas from everyday issues they face or from seeing inefficiencies in current systems. 2.Industry knowledge and expertise: Experts in their professions who possess in-depth domain knowledge are frequently able to spot chances for innovation or development. 3.Collaboration and networking: Through brainstorming, conversations, and teamwork, interacting with peers, colleagues, and specialists in similar sectors can generate new ideas. 4.Market research: By examining consumer demands, rival products, and market trends, companies can find new product and innovation development prospects. 5.Cross-disciplinary insights: When ideas from one subject are utilized to solve issues in another, innovation typically occurs at the intersection of disciplines. Learning from Existing Patents: For innov...
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TOPIC 3 - What do you understand the concept and tools for risk management? How to manage risk as an entrepreneur?

  What do you understand the concept and tools for risk management? How to manage risk as an entrepreneur? The key element of entrepreneurship is risk management, which includes locating, evaluating, and reducing risks to guarantee company success. The following are important ideas and resources for risk management: Risk identification is the process of determining possible threats to your company. Risks can come from the outside (market swings, regulatory changes) or the inside (financial mismanagement, operational concerns). Risk Assessment: Following the identification of risks, business owners must evaluate the possible consequences and probability of occurrence. Both quantitative and qualitative techniques—like risk matrices and probabilistic models—can be used to accomplish this. Risk Mitigation Strategies: Following an evaluation of the risks, business owners can create plans to lessen or mitigate their effects. This could entail putting internal controls in place, diversi...
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TOPIC 8 - GrabFood (Group)

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  What is Grab Food (Owen) Tsang Da Xin (TP071168) Grab Food, which is an online application for food and delivery service. Grabfood was underGrab Holdings Inc., which is commonly known as Grab. It is a multinational company, foundedand started business in 2012 by Anthony Tan and Tan Hooi Ling. In the beginning, it started asMy Teksi application based in Kuala Lumpur and it expanded as Grab Teksi in 2013. It has sinceexpanded into other services, following the 8super app9 model. Finally, in 2014, it moved itsheadquarters to Singapore and renamed it Grab. Grab now not only serves transportation servicesbut also includes food delivery, courier, and payment services. Therefore, Grab started to expandtheir business and added the Grabfood service in 2018 in order to provide customers with a fastand easy food delivery service to spoil the foodies in their customers (Food.grab 2021). GrabFood offers a food delivery service and a digital payment service through the Grab mobileapps. Grab Fo...
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