Decision-Making and Dumfries Plastic Recycling
Nowadays, the companies tend to underline the importance of green manufacturing and importance of sustainability strategies. In this case, Dumfries Recycling Plant has taken advantage of this situation. Now, it tends to manufacture items made out of Plaswood. In this case, there are several recommendations that can be given to Andrew, the head of the company, to overcome the challenges of the modern business world. Continuing exploiting diversification strategy by expanding the product lines will help the company increase its recognition in different consumer segments. To understand the main needs of the customers, it is vital to work together with them and engage them in the decision-making process and development of new ideas. This strategy will assist in establishing rapport with the target audience, introducing innovative solutions, and explaining the beneficial nature of the products made out of Plaswood.
In turn, one cannot underestimate the significance of the manufacturing processes, as they have a direct impact on the price and quality of the products. In this case, Andrew has to emphasize the importance of R&D and consider adapting strategies of the competitors. Nonetheless, the lack of financing is one of the major problems that ‘green’ companies have a tendency to face. In this case, the firm has to increase its participation in various competitions and receive grants. This matter will help underline the importance of recycling in the society and attract the attention of the governmental authorities.
Business Environment and Success of ‘Green’ Products
In this case, to write an effective proposal for granting, it is critical to describe the main factors that contribute to the success of ‘green’ products. One of the aspects is the availability of financial support and subsidiaries of the government that will help these companies develop successfully and stay competitive in the market. Another matter pertains to the well-developed transportation network, as, in this case, it ensures the delivery of the raw materials without delays. Being a part of different trade agreements can also have a beneficial impact on the distribution of green products and raw materials across the borders.
Despite the significance of supply side, one cannot underestimate the role of stakeholders such as community and customers. These groups define the demand for the products. In this instance, changes in consumer behavior towards the preferences of ‘green’ and eco-products could be considered as the most important factor that stimulates the growth and development of ‘green’ and sustainable manufacturers. Consequently, increasing awareness and recognition can be viewed as the main priorities for Dumfries Recycling Plant.
Difference between ‘Green’ and ‘Sustainable’
Despite the fact that the ‘green’ and ‘sustainable’ products are gaining popularity in the society, it is vital to describe the dissimilarities between these terms. In this case, being ‘green’ pertains to the characteristic of a product, which tends to reduce the effect on the environment and physical condition of the consumers. It could be said that sustainability supports similar features but it can be discovered as a vision and philosophy of the company, and being ‘green’ could be viewed as its principle dogma. Its structure is more complex, as it not only attempts to reduce the negative influence on community and environment but also highlights the importance of respecting social values and aiming at financial prosperity.
In this instance, this analysis helps the consumers become closer to these trends and encourage them to purchase related products. Simultaneously, the government understands the significance of this matter to environment and community, and it could be considered as a driver for the development of the policies, subsidiaries, and programs that support sustainability and eco-friendliness. In this case, Dumfries Recycling Plant has to consider being ‘green’ and ‘sustainable’ simultaneously, as it is the only way to cultivate financial prosperity in the constantly changing business environment.