{"id":43606,"date":"2022-05-23T11:39:30","date_gmt":"2022-05-23T06:09:30","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=43606"},"modified":"2022-05-23T11:41:12","modified_gmt":"2022-05-23T06:11:12","slug":"understanding-the-e-waste-and-its-business-model","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/understanding-the-e-waste-and-its-business-model\/","title":{"rendered":"Understanding the e-waste and its business model"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Electronic devices at the global level have become a serious socio-economic and technical challenge. The primary challenge is managing them at their end-of-life stage. The traditional way of managing end-of-life electronic products or e-waste is hazardous to human health and the environment. To achieve the target of managing the e-waste at the global level, the development of an e-waste business model is compulsory.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-e-waste-and-its-business-model\/#Meaning_of_E-waste\" >Meaning of E-waste<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-e-waste-and-its-business-model\/#List_of_E-waste_items\" >List of E-waste items&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-e-waste-and-its-business-model\/#Definition_of_E-waste_business_model\" >Definition of E-waste business model<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-e-waste-and-its-business-model\/#Importance_of_the_E-waste_business_model\" >Importance of the E-waste business model&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-e-waste-and-its-business-model\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meaning_of_E-waste\"><\/span><strong>Meaning of E-waste<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\nelectronic products that are not used or not working or at the end of their\nlife are called e-waste. All the electrical equipment that has been discarded\nis treated as e-waste. This may include all the non-working and broken items\nthat are thrown in the garbage. E-waste is dangerous because of the toxic\nchemicals it has.&nbsp;<\/p>\n\n\n\n<p>The\nchallenge of the best method of disposal of used and unwanted electronics is\nnot something new to the world; it has been there since the 1970s. However, a\nlot has changed now, but the number of e-waste has also increased massively\nwith such changes. Nowadays, not only non-useful electronic products but the\none which lacks in advance technology or good speed are also discarded as\ne-waste.&nbsp;<\/p>\n\n\n\n<p>The e-waste comprises <strong>home appliances<\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Home_appliance\"><strong>[1]<\/strong><\/a><\/sup>, communications and IT devices, entertainment devices, electronic devices, electronic utilities, and office and medical equipment.&nbsp;<\/p>\n\n\n\n<p>Most\nelectronics contain toxic materials such as cadmium, mercury, beryllium and\nlead, which are a severe risk to the environment. If the e-waste gets buried at\nthe landfill, then it is called leaching. The more E-waste and toxic metals at\nthe landfill, the more trace of toxic materials in groundwater, soil and\nair.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"List_of_E-waste_items\"><\/span><strong>List of E-waste items&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are a number of different terms that are considered E-waste for starting an e-waste business; some of them are as follows:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Home appliances&nbsp;<\/strong><\/h3>\n\n\n\n<ul><li>Microwaves<\/li><li>Home entertainment devices<\/li><li>Electric cookers&nbsp;<\/li><li>Heaters&nbsp;<\/li><li>Fans<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Communications and IT devices<\/strong><\/h3>\n\n\n\n<ul><li>Cell phones<\/li><li>Smartphones<\/li><li>Desktop computers<\/li><li>Monitors<\/li><li>Laptops<\/li><li>Circuit boards<\/li><li>Hard  drives<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Entertainment devices<\/strong><\/h3>\n\n\n\n<ul><li>DVDs<\/li><li>Blu Ray Players<\/li><li>Stereos<\/li><li>Video game system<\/li><li>Fax      machines<\/li><li>Copiers<\/li><li>Printers<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Electronic utilities<\/strong><\/h3>\n\n\n\n<ul><li>Message\n     chairs<\/li><li>Heating\n     pads<\/li><li>Remote\n     controls<\/li><li>Television\n     remotes<\/li><li>Electrical\n     Cords<\/li><li>Lamps<\/li><li>Smart\n     lights&nbsp;<\/li><li>Night\n     lights<\/li><li>Treadmills<\/li><li>FitBits<\/li><li>Smartwatches<\/li><li>Heat\n     monitors<\/li><li>Diabetic\n     testing equipment<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Office and medical equipment&nbsp;<\/strong><\/h3>\n\n\n\n<ul><li>Copiers<\/li><li>Printers<\/li><li>IT\n     Server packs<\/li><li>IT\n     Servers<\/li><li>Cords\n     and Cables<\/li><li>WiFi\n     Dongles<\/li><li>Dialysis\n     Machines<\/li><li>Imaging\n     Equipment<\/li><li>Phone\n     &amp; PBX systems<\/li><li>Network\n     Hardware<\/li><li>Power\n     Strips&nbsp;<\/li><li>Power\n     Suppliers<\/li><li>Uninterrupted\n     Power Suppliers<\/li><li>Power\n     Distribution Systems<\/li><li>Autoclave&nbsp;<\/li><li>Defibrillator<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Definition_of_E-waste_business_model\"><\/span><strong>Definition of E-waste business model<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\nE-waste business model develops from the recycling industry working as per the\nrules and regulations of the country where it is established. In our country,\nsuch rules and regulations are coming from pollution control to pollution\nprevention, increasing the following of the e-waste business model.&nbsp;<\/p>\n\n\n\n<p>The\ne-waste business model of a developed system is built using such a toolkit\nwhich economically justifies the smart e-waste reverse system. The specialized\ne-waste processing entities create a value proposition in a developed business\nmodel. The entities are most likely to be part of the collection of their\nend-of-life electronic products because they consider re-manufacturing and\nrefurbishment strategies to be a business model for capitalizing on left materials.&nbsp;<\/p>\n\n\n\n<p>The business model is for supporting the sustainable value chain through the use of the Informational Technologies tool and the digitalization principles. The business model helps in e-scrap asset valuation and understanding future statistics of e-waste.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Importance_of_the_E-waste_business_model\"><\/span><strong>Importance of the E-waste business model&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\ne-waste business model is very important for the processing business of\ne-waste. Some of the basic importance is given below:<\/p>\n\n\n\n<ul><li>An integrated and sustainable business model helps in proper e-waste management.<\/li><li>A      business model related to MSW may help in the disposal and segregation of      e-waste.<\/li><li>Business models have aimed at household e-waste management also.<\/li><li>A  business model creates a link between the governing bodies and      non-governmental entities involved in e-waste management.<\/li><li>The business model focuses on the Extended Producer Responsibility.<\/li><li>The business model has a structured methodology containing collection system      development.<\/li><li>It      focuses on the introduction of developments to gain economic benefits.<\/li><li>The      business model is very calculative about the capacity of the entity to      generate revenue.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p> A huge number of phones, appliances and other e-waste are thrown in the open and end up in landfills every day. Any electronic that is no longer needed or wanted is considered e-waste. The increase in the e-waste problem has resulted in so many opportunities in the market as companies are stepping into addressing such problems. But for any company or entity trying to start any business related to the processing of e-waste, it requires a properly framed business plan and business model. The <a href=\"https:\/\/corpbiz.io\/e-waste-recycling-authorization\"><strong>e-waste business<\/strong><\/a> model is developed so that these industries work according to the rules and regulations made for the purpose in our country.\u00a0 <\/p>\n\n\n\n<p class=\"text-left\"><b>Read our Article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/e-waste-business-for-its-recycling\/\">E-waste business for its recycling\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electronic devices at the global level have become a serious socio-economic and technical challenge. The primary challenge is managing them at their end-of-life stage. The traditional way of managing end-of-life electronic products or e-waste is hazardous to human health and the environment. To achieve the target of managing the e-waste at the global level, the [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":43611,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[888],"tags":[2365],"acf":{"service_id":"491"},"authorName":"Shambhavi Suyesha","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/03\/IMG-20220324-WA0005.jpg","authorDescription":"Shambhavi holds a strong legal background, having completed her BA LLB and LLM. She is particularly interested in legal research and writing, and wishes to utilise her knowledge to create informative legal content. She is an analytical researcher and keeps herself updated about the current legal affairs. She also holds prior experience in publishing articles on assorted legal areas.","postViews":10069,"readingTime":3,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/43606"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=43606"}],"version-history":[{"count":11,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/43606\/revisions"}],"predecessor-version":[{"id":43621,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/43606\/revisions\/43621"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/43611"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=43606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=43606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=43606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}