Final answer:
An overview of the overarching business problem involves identifying and describing a current problem that affects many people and has an actual solution.
Step-by-step explanation:
An overview of the overarching business problem involves identifying and describing a current problem that affects many people and has an actual solution. The problem should not be unique to the individual proposing the solution and should be grounded in reality. It is important to narrow and focus the problem, as broad problems can result in general paragraphs with little specific information.