Micro-Biogas Digestors: Creating a positive environmental impact
Abstract
A multinational agriculture corporation seeks to expand its operations. The fundamental purpose of our study would be to assess the various benefits and drawbacks of either manufacturing or distributing, which could be an intelligent strategy for launching a new prospective product line. A product that positively impacts the environment and grows the product range in the business. Various business techniques, such as target market research and competitor analysis, were applied to finish the assignment. These techniques helped to gain an insight into how well our product can answer the needs of a specific client segment.
I have used secondary resources from various databases to investigate the proper product for meeting the goal of the thesis paper. Biodigesters and the circular economy (CE) have recently gained popularity. Both biodigesters and CE can reduce negative environmental, economic, and social repercussions by effectively using waste as a valuable energy source. Biogas technology is a cost-effective way to use biomass to address partial energy needs. Businesses must go beyond profits to consider social and environmental issues to improve people's lives and the planet's well-being. This method is known as the triple bottom line (TBL) framework. TBL framework helps to calculate a company's profit. Thus, Micro biodigesters are sustainable and lowers greenhouse gas emissions for the planet's wellness. The Agriculturally based manufacturing company entering the greener business model in South America is an initiative towards sustainability. The "Green Business Model" idea addresses these endeavours by recommending business strategies that benefit customers while promoting sustainability, such as lowering resource use and waste and highlighting environmental advantages.