using economics based tools identify and explain how to develop a business opportunity that is created by some aspect of environmental change.

The memorandum should draw attention to an environmental change that has occurred, how a business opportunity has been created as a result,
how the opportunity could be developed by your organisation and the surplus/profit or benefit that would
be generated as a result. For example, perhaps you worked for a fashion house and the development of a
new biodegradable synthetic material allows you both to substitute this for animal products while at the
same time addressing consumer concerns over animal welfare. Or perhaps you previously worked at a firm
that deals in waste management and a new policy passed by local councils presents the opportunity to
diversify into recycling. Here, ?environmental change? refers specifically to changes that concern nonrenewable
resources, biodiversity and so on. The assignment is intended to result in a document that is of
professional value to you. It should be an application of concepts in economics , which reflects
an environmental focus and at the same time will be of value in a real-world business environment.
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