Answer:
One way for companies to maximize their profits and their waste capacity is by implementing a waste management strategy that focuses on reducing waste generation, increasing waste recycling, and optimizing waste disposal. This can be achieved by following the waste management hierarchy, which prioritizes waste reduction and recycling over disposal.
Step-by-step explanation:
Conduct a waste audit to identify the types and quantities of waste generated, and to identify opportunities for waste reduction and recycling.
Implement waste reduction strategies, such as reducing packaging materials, implementing a paperless office, or switching to energy-efficient equipment.
Implement waste recycling programs, such as recycling paper, plastic, glass, and metal.
Optimize waste disposal, such as by implementing a landfill diversion program, using waste-to-energy technologies, or investing in more efficient waste disposal methods.
Monitor and evaluate the effectiveness of the waste management strategy, and make adjustments as needed.