&XLGDGR\OLPSLH]DGHODFDPSDQDGHYHQWLODFLyQ
*($SSOLDQFHVFRP
$VHJ~UHVHGHTXHODHQHUJtDHOpFWULFDHVWpDSDJDGD\TXHWRGDVODVVXSHUILFLHVHVWpQIUtDVDQWHVGHOLPSLDUR
DUUHJODUFXDOTXLHUSLH]DGHODFDPSDQDGHYHQWLODFLyQ
(OILOWURPHWiOLFRDWUDSDODJUDVD
OLEHUDGDSRUORVDOLPHQWRVGHVGH
ODHVWXID(OILOWURWDPELpQD\XGD
DHYLWDUTXHODVOODPDVGHORV
DOLPHQWRVJUDVDGDxHQODSDUWH
LQWHUQDGHODFDPSDQD
3RUHVWDUD]yQHOILOWURGHEHHVWDU
6,(035(HQVXOXJDUFXDQGROD
FDPSDQDHVWpHQIXQFLRQDPLHQWR(O
ILOWURGHJUDVDHVDSWRSDUDODYDYDMLOODV
\GHEHOLPSLDUVHFDGD
PHVHVRVHJ~QVHDQHFHVDULR
3DUDTXLWDU
7LUHKDFLDDEDMRODWUDEDGHOILOWURSDUD
OLEHUDUOR
3DUDYROYHUDFRORFDU
&RORTXHODVOHQJHWDVGHOH[WUHPR
GHOILOWURGHQWURGHODVUDQXUDVGHO
ODGRL]TXLHUGRGHODDEHUWXUDGHOILOWUR
/HYDQWHHOODGRGHUHFKRGHOILOWUR\
SUHVLRQHOLJHUDPHQWHKDVWDTXHHO
ILOWURVHWUDEHHQVXOXJDU9HULILTXH
TXHODWUDEDGHOILOWURVHHQFXHQWUHHQ
ODSRVLFLyQFHUUDGDSDUDDVHJXUDUHO
ILOWUR
3DUDOLPSLDU
HOILOWURXWLOLFHDJXD
MDERQRVDFDOLHQWH\HQMXDJXHFRQ
DJXDOLPSLDROiYHORHQHOODYDYDMLOODV
1RXWLOLFHSURGXFWRV
GHOLPSLH]DDEUDVLYRV
127$
(QHOODYDYDMLOODVVHSURGXFLUi
XQDOHYHGHFRORUDFLyQ
)LOWURGHJUDVDPHWiOLFR
6LHOPRGHORQRWLHQHYHQWLODFLyQDO
H[WHULRUHODLUHVHUHFLUFXODUiDWUDYpV
GHXQILOWURGHFDUEyQGHVHFKDEOHTXH
D\XGDDUHPRYHUKXPR\RORUHV
(OILOWURGHFDUEyQGHEHFDPELDUVH
FXDQGRHVWpHYLGHQWHPHQWHVXFLR
RGHFRORUDGRXVXDOPHQWHGHVSXpVGH
DPHVHVGHSHQGLHQGRGHOXVRGHOD
FDPSDQD
127$
12HQMXDJXHRFRORTXHHOILOWUR
GHFDUEyQHQHOODYDYDMLOODVDXWRPiWLFR
(OILOWURGHFDUEyQQRSXHGHOLPSLDUVH
'HEHFDPELDUVH
6ROLFLWHHOILOWURGHFDUEyQ:%;
3DUDFRQVXOWDUVREUHODFRPSUDGH
ILOWURVGHFDUEyQGHUHSXHVWRRSDUD
HQFRQWUDUODXELFDFLyQGHOGLVWULEXLGRU
PiVFHUFDQRDVXGRPLFLOLROODPHD
QXHVWURQ~PHURJUDWXLWR
&HQWURQDFLRQDOGHSLH]DV
3DUDTXLWDU
4XLWHHOILOWURPHWiOLFR³YHUODVHFFLyQ
)LOWURGHJUDVDPHWiOLFR
4XLWHHOILOWURGHFDUEyQSUHVLRQDQGR
VREUHODVGRVPDQLMDVGHODV
OHQJHWDVGHEORTXHR
3DUDYROYHUDFRORFDU
,QWURGX]FDHOILOWURGHFDUEyQGHQWUR
GHODDEHUWXUD3UHVLRQHODVPDQLMDV
GHODVOHQJHWDVGHEORTXHRKDFLD
HOFHQWUR\OLEpUHODVSDUDVXMHWDUODV
OHQJHWDVGHEORTXHR
9XHOYDDFRORFDUHOILOWURPHWiOLFR³YHU
ODVHFFLyQ)LOWURGHJUDVDPHWiOLFR
)LOWURGHFDUEyQ
VyORSDUDLQVWDODFLyQFRQUHFLUFXODFLyQ
0DQLMDGHODOHQJHWDGHEORTXHR
0DQLMDGHODOHQJHWDGHEORTXHR