Sample Essay on:
Marketing and Budgeting for a Recycling Project

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Essay / Research Paper Abstract

This 12 page paper is a fictitious marketing and budget plan for a hospital which wishes to start up a medical equipment recycling project. The paper looks at the 4 P’s; product, promotions, placement and price and then looks at the budget with the starting up costs, the break even analysis and the assessment of the long term potential of the project. The bibliography cites 3 sources.

Page Count:

12 pages (~225 words per page)

File: TS14_TErecycase.rtf

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Unformatted sample text from the term paper:

1. Introduction The costs in medical healthcare facilities are seeing major increases as the demand rises and the process of the inputs increases. Increases in areas such as oil production are having a long term impact on almost all areas of production. At the same time as rising costs there is also a downward pressure on the prices that are to be paid by insurance and managed healthcare companies who also have a high degree of influence. Therefore any measures or products that can be used to save money are well placed in the healthcare industry. This paper will look at the way a recycling project could be marketed and budgeted for within a hospital. 2. Marketing Plan 2.1 Product The product to be marketed is a recycling service. In hospitals there are many tools that are used and then disposed of, these may be single use products such as sharps and operating equipment, or multiple use products such as pressure cuffs. In recent years there have been many concerns regarding the use of sterile equipment, and concerns of infection such as MRSA. The result for many has been to save costs and eliminate the risk of non compliance and simply use new equipment each time. With mass production techniques it was possible to produce many new items that could be delivered to the hospital ready wrapped and eliminating the need to consider sterilizations issues. Each time a new tool was needed it was unwrapped, used and then disposed of. However, this may be argued as wasteful, and since the move away from sterilising and towards the repeat purchases of clean equipment there have been changes in technology and awareness. The new product is a service, this will focus on the ...

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