Globalization of Industries
By: TimothyLawless • Research Paper • 584 Words • January 27, 2015 • 732 Views
Globalization of Industries
Assignment 3.2 Deliverable
Market Conditions
By Timothy Lawless
The service my business will provide is solid waste management. The
business is located in Majorca, one of the Balearic Islands. The islands have
policy of conservation of natural spaces and the improvement of tourist
resorts. To that end, the Balearic Island authorities have developed The
Master Plan for Solid Waste Management in the Balearic Islands (PDRSU).
This plan focuses on recycling which leads to these resources being used in
other sectors. This plan includes efforts to modernize tourist
accommodations, to legislate for natural areas, and a plan to control
accommodation supply. ( Lozano and Ray- Maquieira, 2013 ).
The modern waste treatment plan includes door-to-door separation,
incineration, and treatment of solid waste.( Mallorca, 2012 ). Door-to-door
collection allows the recycling of 75% of the total waste on the island. This
gives relief to the incinerator in almost continual operation. The incinerator,
the biggest in southern Europe, was enlarged in 2007. In 2011 the incinerator
burned 542,094 tons on an incinerator capacity of 736,000 tons.(Mallorca, 2012).
The contract for the incinerator is for the next 30 years. If the municipality
reduces or recycles its waste, they still pay for the tons of waste that the
incinerator will not receive. ( Mallorca, 2012 ). The government has cotracted
with a UK industry, Tirme, to handle solid waste. This is a large company that
has been operational since 1997.( Tirme, 2010 ).
In conclusion, after researching this market, I would not have started a solid
waste management company on the island of Majorca. I would have
educated myself on the current regulations on waste management. I. would
have studied the island's infrastructure and how it would effect my business.
Two questions I should have asked are: Is the local population ready for
another waste management company? and What would be the environmental