6. External Environment of business Petrochemical-based plastic vsBioplatic Top producers of Bioplastic in the world. US, Europe and Asia Pacific. Oligopoly. High production (ADM and Cargill).
7. External Environment of business Competition in the market. European Bioplatic organization. High Development and lack of economies. Mass Production of Bioplastic. Development of crude oil.
8. External Environment of business Patent Law. Product cost and selling prices. Inaccessible to small-scale business. Reasonable to register patents. High cost of developing.
9. External Environment of business US Code of Federal Regulations. (CFR) Federal Trade Commission. Laws and provisions. Biodegradability and compostable. Environmental Standards. Other countries regulations.
17. Controls CEO big decisions BOD Majority Vote Employee Empowerment Scientists and S.D. make own decisions unless huge company decision Why? CONFIDENCE, EFFICIENCY, MOTIVATION
18. Controls (cont.) Balanced Scoreboard Measure performance: Financial Return Customer Service Business Process Ability to learn and grow Hierarchical and Decentralized Close Contact with buyers and suppliers
19. Rewards Helping the Environment by eliminating PE plastics forever Biodegradable Plastic