COMM 320 Chapter Notes - Chapter 5: Mulch, North American Free Trade Agreement, Comparative Advantage
23 Oct 2016
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Background/experience: modern agribusiness farmer, producing large quantities of farm. Idea : develop compost sites as a business and yard trimmings and marketer of soils and mulch graduate degree in agricultural economic and consultant to other farmer. Challenge: investment in new equipment and compost site high cost trying new tech(cid:374)ology to co(cid:373)post (cid:373)ore waste product (cid:894)egg shell (cid:895) In july 1996, business not going well, low sale and high debt. What they do: production/marketing of compost fertilizer. Advantage: operates close to sources of organic waster reduce need transport the material to the processing site. Environmental decade: states1provinces set goal to recycle residential and commercial waste. Compost is an organic fertilizer made from partly decaying plant material. Composting is a low labour-cost business but high investment in expensive equipment. Steps of composting: collection of waste, hallers, composting facility. Who are the customers: farmer, landscaper, gardener. Low cheaper: public owner, have big quantity of land.
