AFFECTS OF RECYCLABLE PRODUCTS ON BUSINESS PROFIT

Effects of Recyclable Products on Business Profit



Contents

Research Question2

Introduction2

Recycling4

Background of the Study4

Significance of the Study5

Organizational Background-Sainsbury6

Concept of Customer Loyalty7

Research Questions8

Problem Statement8

Literature Review9

Business Environment9

Loyalty Marketing10

Recycling11

The recycling of plastics11

Glass Recycling12

Metal Recycling12

Recycling of Aluminium12

Importance of Customer Loyalty13

Methodology13

Research Design13

Research Sample14

Questionnaire Design14

Data analysis14

Reliability15

Validity16

Conclusions17

Affects of Recyclable Products on Business Profit

Research Question

Do the recyclable products which are sold by the retailer companies in the UK affect the business profit?

Introduction

Increasing concerns regarding the environment and pollution and increasing use of environmental policies by governments, has pushed businesses to develop environmental guidelines to be followed by the whole corporation. UK businesses' environmental policies cover a wide range of areas such as pollution, waste management, sustainable manufacturing, recycling and R&D. Plants have to follow the environmental principles of the organization and information relating to energy use, water use, greenhouse gas emissions and waste have to be part of the annual report. Environmental policy principles in different companies are set out below:

Commitment to work on restoration and preservation of the environment.

The reduction of waste and pollutants, conservation of resources and the recycling of materials.

Active participation in education of the public regarding environmental issues.

The pursuit, development and implementation of technologies to reduce polluting emissions.

Work and partnership with government bodies for the development of environmental laws and regulations.

The assessment of the impact of manufacturing plants and products on the environment and communities in order to deliver continuous improvement.

In order to achieve the environmental objectives listed above organizations generally have to recycle the recyclable products and raw materials.

Recycling prevents the development landfill or incineration, which are forms of waste management promoting pollution of soil and air. It uses waste as a resource, but also preserves the natural raw materials. It may be cheaper, as in the case of the manufacture of glass or aluminum from used materials. It saves energy, clear the industrial waste, reduces the waste in landfills and helps in maintain the environment. Whereas air, water and land pollution occurring through waste disposal can also be reduced through recycling.

Individuals gain financial income from recycling. Many unused things at home can be recycled and can be earned money from. In 2007, aluminum cans were recycled to conserve the energy which equivalent to 15 million barrels of oil. Recycling helps in saving trees. When trees are cut down, more are planted in their place. Paper comes from pulp forests which are specially for the paper production.

Economy in the consumption of energy is very important if we want to reduce the actual future impact of global warming. Conservation of Nature (from the forests and rivers) has become increasingly important in the case of recycling. It is estimated that (in the U.S.) is about 40 million copies of newspapers discarded every day, equivalent to throw about half a million trees ending up in landfills every week. A research done by Environmental Protection Agency of American (EPA), shows that in the year 2009 the United States had collected around 243 million tons of solid waste, ...