Globalization of Industries
Globalization of Industries
Assignment 3.2 Deliverable Market Conditions By Timothy LawlessThe 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-doorcollection 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 incineratorburned 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 municipalityreduces or recycles its waste, they still pay for the tons of waste that the incinerator will not receive. ( Mallorca, 2012 ). The government has cotractedwith a UK industry, Tirme, to handle solid waste. This is a large company thathas been operational since 1997.( Tirme, 2010 ). In conclusion, after researching this market, I would not have started a solidwaste management company on the island of Majorca. I would have educated myself on the current regulations on waste management. I. wouldhave studied the islands 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