Errors and Solutions of Developing Circular Economy in Coal Enterprises

Yi Fei Weng

doi:10.4028/www.scientific.net/AMR.734-737.1995

Paper Titles

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 734-737Errors and Solutions of Developing Circular...

Errors and Solutions of Developing Circular Economy in Coal Enterprises

Abstract:

First of all, problems and errors of circular economyin coal enterprises are summarized. And then in view of economy and strategicmanagement, the nature of circular economy is analyzed, that is relative diversificationand vertical integration based on marginal reward over marginal cost. Moreover,the solution of flexible development of circular economy is provided, explainedwith “3+3 model”. Finally, the framework of circular economy mode in coalenterprises is constructed with 3 important respects, which are control of nodeflexibility, evaluation of resource reward and risk appraisal of new programs.