The Circular Economy As A Resource Use System

The circular economy as a resource use system

Currently, the circular economy is a boom within corporate society, since its usefulness is considered as a seal for the maximization of employment, however, from another perspective the circular economy plays the function of reusing the elements that were considered unusable,Thus, within this essay, the circular economy will be announced in what way is a system of use resources in the business field, emphasizing work already previously done on the topic discussed.

The circular economy is a philosophy of organization of systems inspired by living beings, which pursued the change of a linear economy (producing, using and throwing) increasingly difficult to implement due to the exhaustion of resources towards a circular and regenerative model,As in nature and that also involves a great opportunity in the business field. (Balboa & Somonte, 2014, p. 85)

The passage of a linear economy to a circular economy, as a starting point in the change of production model. The usual thing within a commercial entity is to accept the trends, before the circular economy as a stereotype to follow, the productive model was in effect the linear economy, what it is about to produce, use and discard, without taking into account resources, it isSaying decision -making and environmental obligations is restricted and limited by the State Law. From the business point of view, the circular economy breaks this line that ends in waste, makes them a cyclical procedure.

The circular economy seeks profitability in a company, therefore, for its consumers. Within a company, by nature, it is established to maximize benefits without generating huge expenses, taking care of the investment, even more, if it is a corporation where the responsibility of the administration of resources generally focuses on a legal person, it isFor this reason, the more resources are reused in an appropriate manner, without affecting the quality of the product or service offered, benefits and brings balance between the company and consumers.

Within the framework of the circular economy, the decrease, reuse and recycling of components prevails. These three aspects within this system are generalized, but when using them in a company they become more condescending and related to each other, the circular economy tries to adapt all the processes that are carried out within an entity, either in theHuman Resources, Production, others, but not eliminating the functionality or the way to bring the functions of each department.

A circular economy management technique is the use of biodegradable materials. Production costs in a company have direct correlation with the profits or profits generated, the choice of biodegradable elements is an option that is profitable in this aspect, because these can be reused, without generating environmental or monetary damage, it is sowhich has an advantage before the investment from zero, therefore it is possible to create marketing and distribution strategies of the final product, a lower sale price without affecting the balance and demand point between supply and demand.

On the other hand, the circular economy is not a simple resource reuse agent, it is also a symbiosis creation system between companies. Symbiosis is a metaphor what reference to commercial relations between two corporations, in such a way the circular economy correlates with this term, by allowing the waste of a specific company to become the raw material of another, the symbiosis is no morethat the mutual benefit between two entities with clarifications of fair agreements.

After a rigorous research, it is possible to establish that the circular economy is a system of use resources in the business field for this event within a company, the production model, standard of linear economy must be changed, two ways of exploitation were found: The use of biodegradable elements has as its central axis reuse, the results are reflected in the reduction of production costs, since the initial investment would not be void, so also the circular economy meets the opportunity for business symbiosis, whereThe waste of an entity can be raw material for another. The cyclic model is currently taking prominence, not only for the maximization of jobs that generates or generosity with the environment.

BIBLIOGRAPHY

1. Balboa, c., & Somonte, M. (2014). Circular economy as an ecodesign framework:. School of Industrial Engineers. NATIONAL UNIVERSITY OF DISTANCE EDUCATION-UNED.
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