$1.$ Idea Generation: Initiate the assignment by brainstorming a list of innovative business ideas. Strive to think outside the box and consider trends, gaps, and problems in various industries that spark your interest.

$2.$ Opportunity Assessment: Choose one business idea from your list and conduct a comprehensive opportunity assessment. Consider market size, customer needs, competition, and potential profitability. Employ the principles and methods discussed in Chapter $6$ to guide your assessment.

$3.$ Feedback and Refinement: Share your business idea and opportunity assessment with a peer or small group. Gather feedback and use it to refine your idea and assessment.

$4.$ Final Submission: Compile your brainstormed list of ideas, detailed opportunity assessment, feedback summary, and revisions into a well$-$organized document. Showcase your ability to creatively identify a viable entrepreneurial opportunity and effectively assess its potential.