Experiential Activities a. You are to suggest a business that you want to put up. You should justify their choice of business. Each individual will think of the environment that should be studied in terms of the location you decided to choose. Based on the environmental analysis, the individual should identify all the factors that need to be studied in the specific environment/ location. b. Think of a new product you would want to introduce in the market. It can be a good already being sold but which you can innovate and improve, or it could be something really new that you yourself conceptualized. Describe that product in terms of design, composition as to materials used, product use or application, and its attributes which you believe are unique in that product. c. Observe the small producers/ sellers in your Town (farmers, fisherman, or vendor's cottage industry). What other market opportunities do they see for what purpose and what product? What can they collectively do when they form an association and for what goals? What kinds of government support do you think they need and for what specific activities? How would you conduct your business if you were one of the owners of a small-scale cottage industry