Cost-benefit analysis of waste segregation business in Amnatcharoen province, Thailand

Main Article Content

Kulsuwan, P.
Sirisathit, P.

Abstract

The cost-benefit analysis of waste recycling and separating business in Senangkhanikom District, Amnatcharoen Province, Northeastern Thailand was studied. Results showed the Net Present Value (NPV) was 313,502 baht. The Internal Rate Return (IRR) and Payback Period (PB) were 8% and 4.5 years, respectively. Problems and obstacles reports were in the medium level ( = 3.35). It was found that the most problems and obstacles of the business was marketing (  = 4.23). The rest of the problems and obstacles were the lack of technology ( = 3.84) and financial liquidity as well as cash holdings for buying products ( =2.76), respectively. It is recommended that the business could grow its profits and satisfactory investment as well as could help to improve the communities in many aspects such as making money by selling waste materials, reducing pollutants into the environment, and building a better living environment.

Article Details

How to Cite
Kulsuwan, P., & Sirisathit, P. (2018). Cost-benefit analysis of waste segregation business in Amnatcharoen province, Thailand. International Journal of Agricultural Technology, 14(7), 1347–1356. retrieved from https://li04.tci-thaijo.org/index.php/IJAT/article/view/8527
Section
Original Study

References

Cronbach, L. J. (1970). Essential of psychologicaltesting. 3rd (Eds). New York : Harper & Collins, proceeding. Melbourne, Australia: Prentice-1, pp. 161-197.

Jadsadapatipat, M. (2009). Resource Characteristics, Firm’s Capabilities and Entrepreneur’s Abilities Influencing Firm’s Performance: Case of Recyclable Waste Collecting and Buying Business in Eastern Thailand (Doctor of Public Administration). Graduate School of Public Administration. National Institude of Development Administration.

Lertthaisong, P. and Apiparnkul, C. (2015). The Study of the Possibility for Staring Junk Trade in Klaeng District, Nakhon Ratchasima. Business and Innovation Management National and International Conderence 2015, pp. 1667-1673.

Pollution Control Department (2015). Thailand State of Pollution Report. Bangkok: Pollution Control Department. Ministry of Natural Resources and Environment.

Simmakul, T. (2014). Marketing Strategy for Recycle Factory in Thailand. Journal of Behavioral Science for Development Vol.6, 1 (January): pp. 42.

Sirapataratada, J. (2010). Strategies Management How to Increase Value Added of Recycle Garbage Separate for Entrepreneurial and Community in the Central Area of Thailand. National Research Council of Thailand. Bangkok, pp. 2.

Tongla, W. (2011). The Business Adjustment for Survival of Solid Waste Materials Business in Commerial Society. (Master of Business Administration) Program of Entrepreneurship. Graduate School. Silpakorn University.