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ETP3701 Assignment 4 (QUALITY ANSWERS) Semester 1 2024

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  • Course
  • Entrepreneurship IIIA - ETP3701 (ETP3701)
  • Institution
  • University Of South Africa (Unisa)
  • Book
  • Business Management for Entrepreneurs

This document contains workings, explanations and solutions to the ETP3701 Assignment 4 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4... CASE STUDY Agripreneur: Ngwamba turns agricultural trash into burning treasure With a passion for sustainability and inn...

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  • May 14, 2024
  • 17
  • 2023/2024
  • Exam (elaborations)
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ETP3701
Assignment 4 Semester 1 2024
Unique #:590015
Due Date: 22 May 2024



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• Helpful answers and guidelines
• Detailed explanations and/ or calculations
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, QUESTION 1

Introduction

Entrepreneurship integrated with sustainability can create profound impacts on
societal and environmental well-being. This is vividly showcased through Given
Ngwamba's initiative, Nzilo Charcoal, in South Africa. By turning agricultural
waste into eco-friendly charcoal briquettes, Ngwamba not only demonstrates
innovative entrepreneurship but also contributes significantly to environmental
sustainability.



Innovation of Nzilo Charcoal

Nzilo Charcoal exemplifies innovation by converting agricultural waste into
valuable, cleaner-burning charcoal briquettes. This initiative disrupts the
traditional charcoal and energy sector by providing a sustainable alternative to
wood-derived charcoal, thus addressing waste management and deforestation
challenges. The process involves collecting agricultural by-products, sun-
drying, carbonising, and compressing into briquettes, showcasing a novel
approach to resource utilisation.



Types of Innovation

Radical Innovation

Radical innovation introduces a groundbreaking change, significantly
transforming a product, process, or market. While Nzilo Charcoal's concept
might seem radical, it builds upon existing knowledge of charcoal production,
hence not entirely fitting this category.



Incremental Innovation

Incremental innovation refers to small, iterative improvements to existing
processes or products. Nzilo Charcoal features aspects of incremental




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