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The Application of Circular Economy Business Models in Company Management

Student: Rudakova Marina

Supervisor: Elena V. Shadrina

Faculty: Faculty of Economics, Management, and Business Informatics

Educational Programme: Management (Bachelor)

Year of Graduation: 2020

The present research refers to newly evolving investigations in sustainable development sphere. At the moment there is a problem of irrational consumption of resources. Companies consume them more and faster than nature can recover, and circular economy can become the solution. However, Russian organizations do not seek to abandon the traditional linear approach. The graduation qualification work explains how textile companies can implement the business models of circular economy in Perm. In this work, using the analysis of secondary information and interviews, the experience of using business models by foreign and Russian companies was investigated. In addition, textile companies in Perm were analyzed to identify the conditions for the introduction of this type of economy in the city. The result is helpful for textile companies in Perm. These are the recommendations on the development of business models, which can be implemented in the city business.

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