BUS357: You and a team of like-minded friends are going to graduate from SUSS soon. All of you are eager to start a new business together: Starting and Managing a Business Assignment, SUSS, Singapore

Question

You and a team of like-minded friends are going to graduate from SUSS soon. All of you are eager to start a new business together, having gained invaluable knowledge from various SUSS business-related courses.

The idea is to set up a new social enterprise, “The Green Code” (TGC), focusing on recycling organic materials and waste, such as food scraps or expired food ingredients from households. After brainstorming amongst yourselves and conducting a brief research of the market, it was agreed that the social enterprise would be based on community composting. With greater public awareness and the government’s call towards environmental sustainability, your team thinks that it is a good opportunity to get started.

According to the National Parks Board website, “Composting is a process in which organic material is broken down by bacteria and other microorganisms via decomposition. The resulting material is called compost, which can be used for gardening. Compost is a valuable soil additive for any garden, big or small. Mixing compost into your soil can improve drainage, increase organic matter, and help your plants grow better.”