...The Great Lakes: Great Decision Rita Stroud-Lipsey Strayer University Professor: Dr. Barry Adkins BUS 499—Business Administration Capstone January 13, 2012 Introduction The main purpose of this essay is to analyze the social/demographic, technological, economic, environment/geographic and political/legal/governmental segments to understand the general environment facing Great Lakes. It will also describe how Great Lakes will be affected by each of these external factors. It will then analyze the lead additives industry in the U.S. using the Five Forces of Competition Model. The Five Forces will display the impact it has on the industry based on the analysis, in which it can then be determined if the industry is attractive or unattractive. Next this essay will describe who Great Lakes’ immediate, impending, and invisible competitors are and how Great Lakes measures up against these competitors. For the conclusion it will describe the main capabilities of Great Lakes. Great Lakes: Great Decision Perform an analysis of the social/demographic, technological, economic, environmental/geographic, and political/legal/governmental segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. Social/Demographic Social/Demographic: Great decisions are constantly being debated for the Great Lakes as to what factors tend to affect the Social and Demographic segment. Socially our society...
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...Assignment 1: Great Lakes: Great Decisions Kimberly Ortiz Professor McGrath BUS499: Business Administration Capstone April 14th, 2012 Assignment 1: Great Lakes: Great Decisions Perform an analysis of the Social/Demographic, Technological, Economic, Environmental/Geographic, and Political/Legal/Governmental segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. Social /Demographic Segments: Entering into different areas of the world will affect Great Lake’s Social and Demographic strategies, it is more than extremely important that they make the right decisions based on what is needed in the area and by the inhabitants. Different people from different countries and cultures use products inversely; the misuse of a product could have a major impact on the health and welfare of a society. There needs to be an understanding of how their product will be used. Demographics show that the underdeveloped countries who are mostly using the TEL. Great Lakes will be affected by the limitations they have in helping the people in these regions obtain the product that they specifically seem to produce for them (Hitt, Ireland, & Hoskisson. 2011). Technological Segments: The only technological aspect that is an issue for Great lakes is the ability to reach out to underdeveloped countries successfully and spread their product to those that would seem to be in the most need for it. With developed...
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...United States, I have chosen The Great Lakes as my topic to discuss the changes these wonderful bodies of water are currently experiencing. I have narrowed my view to Lake Michigan, as it is the largest of the lakes. From the EPA: On November 15, 1990, in response to mounting evidence that air pollution contributes to water pollution, Congress amended the Clean Air Act and included provisions that established research and reporting requirements related to the deposition of hazardous air pollutants to the "Great Waters." The water bodies designated by these provisions are the Great Lakes, Lake Champlain, Chesapeake Bay, and certain other coastal waters (identified by their designation as sites in the National Estuarine Research Reserve System or the National Estuary Program). (EPA, 2015) Lake Michigan currently functions with the dynamic, being it has exceptional fishing, irrigation and provides clean drinking water to the communities surrouding the lake. Its structural dynamic as an ecosystem currently offers for research and developmet all human threats. An example is the introduction of invasive species, such as zebra mussels and those HABs (Harmful Algal Blooms), that expand because of the nutrients in certain fertalizers. The scientific community is also doing research yearly, to investigate the weather factors that may increase the HABs growth and spreading issues. Being human and always in need has affected the ecosystem that is Lake Michigan drastically. Because...
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...Lake Erie Ecosystem Structure, Function, and Change Denise McSalters SCI 256 November 13. 2013 University of Phoenix Lake Erie Ecosystem Structure, Function, and Change Carved out by glaciers during the last ice age the Great Lakes contain 20% of the earth’s fresh water. The lakes provide the majority of the basin’s human population with drinking water, commerce and recreation. Lake Erie is the smallest of the Great Lakes, relatively shallow, and is exposed to prevailing winds. Lake Erie ecosystem supports a diverse group of aquatic and land-dwelling organisms who use the ecosystem during important life stages. The lake support high production of both residential and migratory species and is a center for regional biodiversity. (US Department of the Interior; US Geological Survey, 2013) Because Lake Erie is exposed to prevailing winds, it is particularly susceptible to intense wave actions and wind-generated changes in the lake level. The “seiches” or changes in the lake tides interchangeably flood and drain the coastal wetlands systems. The costal wetland systems encompass southeastern Michigan, northwest Ohio and southern Ontario. The Watershed is almost completely urban or agricultural. The major urban cities are Toledo, Detroit, Cleveland, and Buffalo. (US Environmental Protection Agency, 2013) The most obvious forcer of Lake Erie ecosystem change was due to the input of excessive amounts of phosphorus from mainly agriculture and water treatment plants. At...
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...ASSIGNMENT 1 GREAT LAKES: GREAT DECISION 1. Perform an analysis of the Social/Demographic, Technological, Economic, Environmental/Geographic, and Political/Legal/Governmental segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. A. Social/Demographic: The future direction of Great Lakes will have an effect on different regions of the world, as their product continues to fill a need for leaded gas. This has the potential to impact both business and the livelihood of thousands of individual’s. There are also the potential health related problems as “the globalization of leaded gasoline has made Tetraethyl Lead (TEL) responsible for nearly 90 percent of airborne lead pollution in Third World cities today” (CorpWatch, 1997). Great Lakes will need to determine and understand what their decisions mean to the developing regions they service. B. Technological: Technology is not the issue for Great Lakes, instead the problems lies with the developing countries they serve. Until those countries are able to switch over the existing inventory of vehicles to unleaded gas, they will rely on the products supplied by Great Lakes. Additionally, there will be a need for additional refineries to supply unleaded gas, as the need for that gas spikes. To help offset the loss in profits from the switch from leaded to unleaded gas, Great Lakes has an opportunity to invest in the transition process...
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...Assignment 1 Assignment #1: Case 11: “Great Lakes: Great Decisions” By Norvinnia J. McLaurine For Professor Sonia Heywood BUS499: Business Administration Capstone October 17, 2010 1. Perform an analysis of the Social/Demographic, Technological, Economic, Environmental/Geographic, and Political/Legal/Governmental segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. Social/Demographic: * Brain damage in Children * Adults lead exposure leads to hypertension, hi blood pressure, and cardio vascular disease * Increased respiratory problems in the elderly * High Demand for Lead gasoline in developing countries * Shift from lead additives to unleaded additives Affect: From the Social stand point Great Lakes must realize that it plays an important role in how the government does business. If they continue giving in to their greed then in the long run there condoning the use of lead additives and gasoline. However this seems to be made easy for them due to the fact that governments of these regions are easily influence. It seems that most of them are content with sticking to the status quo. After looking at the numbers and percentage of people affected by lead I would think that Great Lakes would look a little deeper into its business practices. As a multinational corporation I would think that Great Lakes has a duty to the people in which buy their products. The...
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...to evaluate the ethical dilemma surrounding the product offering of Great Lakes Chemical Corporation. The company produces tetraethyl lead (TEL), which is an additive for gasoline. Surmounting studies from the past few decades have proven the extensive harmful effects leaded gasoline has on the environment, which has caused considerable vocal opposition from environmental organizations against the company. The dilemma arises in the fact that TEL is a huge financial success for Great Lakes; the company controls 90% of the market and the product accounts for 59% of their annual profit. Great Lakes should cease all operations involving the sale of TEL and focus on being a responsible corporate citizen. They will need to reinvest their resources on penetrating new markets, using their existing products as well as new products made possible by the special bromine production process of their subsidiary company Octel Associates. The distribution of TEL has given Great Lakes a very negative brand image. They have the chance to reverse that image by exiting an ethically unappealing market on their own terms. The company has a successful history of entering foreign markets and adapting to regulations overseas. This plan of action is feasible because Great Lakes is already so financially sound and is established as an international corporation with contacts across the globe. Situational Analysis Great Lakes Chemical Corporation, originally McClanahan Oil Company, was founded...
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...BUS 499 – Business Administration Capstone (Prerequisite: To be taken as last or next to last course) COURSE DESCRIPTION This course is the capstone course for the Bachelor of Business Administration program. It examines the processes by which organizations formulate strategy, implement policy, and evaluate outcomes in the highly competitive and dynamic global environment. The ethical implications of strategic choices are a central concern of this course. Analytic, integrative, and decision-making skills will be exercised through the use of case analysis and decision making. INSTRUCTIONAL MATERIALS Required Resources Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2011). Strategic management: Competitiveness and globalization, concepts and cases: 2011 custom edition (9th ed.). Mason, OH: South-Western Cengage Learning. Supplemental Resources Angwin, D., Paroutis, S., & Mitson, S. (2009). Connecting up strategy: Are senior strategy directors a missing link? California Management Review, 51(3), 74-94. Derfus, P. J., Maggitti, P. G., Grimm, C. M., & Smith, K. G. (2008). The red queen effect: Competitive actions and firm performance. Academy of Management Journal, 51(1), 61-80. Franken, A., Ewards, C., & Lambert, R. (2009). Executing strategic change: Understanding the critical management elements that lead to success. California Management Review, 51(3), 49-73. COURSE LEARNING OUTCOMES 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Identify the vision, mission, and stakeholders...
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...Perform an analysis of the Social/Demographic, Technological, Economic, Environmental/Geographic, and Political/Legal/Governmental segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. Social Demographic Great Lakes began as a small oil and gas exploration company named McClanahan Oil Company. It was based in Michigan. In 1948 Charles Hale took over the company and changed it into a chemical and bromine business. In 1958 Emerson Kampden became the CEO. Hale found bromine and rich deposits in Arkansas. The company subsidiary with Octel Associates allowed the company to produce lead additives which afforded it the opportunity for growth. The company went from $50 million in revenues to a multinational company with $1.8 billion in sales. Technological Great Lakes was the top bromine business. This product allowed Great Lakes to produce a wide array of products as well as household items. Great Lakes also produced several specialty chemicals. Some examples of its products are water treatments, specialty household cleaners, polymer stabilizers, and performance chemicals. Octel gave the company the push it needed by producing tetraethyl lead (TEL). Octel produced lead additives. These additives were used as color stabilizers and as fire retardants. The salt water and bromine extraction process is what made the company international. Economics Some countries were developed and some were not...
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...Published by the Ecological Society of America Number 10, Winter 2003 Issues in Ecology Sustaining Healthy Freshwater Ecosystems Issues in Ecology Number 10 Winter 2003 Sustaining Healthy Freshwater Ecosystems SUMMARY Fresh water is vital to human life and economic well-being, and societies extract vast quantities of water from rivers, lakes, wetlands, and underground aquifers to supply the requirements of cities, farms, and industries. Our need for fresh water has long caused us to overlook equally vital benefits of water that remains in stream to sustain healthy aquatic ecosystems. There is growing recognition, however, that functionally intact and biologically complex freshwater ecosystems provide many economically valuable commodities and services to society. These services include flood control, transportation, recreation, purification of human and industrial wastes, habitat for plants and animals, and production of fish and other foods and marketable goods. Over the long term, intact ecosystems are more likely to retain the adaptive capacity to sustain production of these goods and services in the face of future environmental disruptions such as climate change. These ecosystem benefits are costly and often impossible to replace when aquatic systems are degraded. For this reason, deliberations about water allocation should always include provisions for maintaining the integrity of freshwater ecosystems. Scientific evidence indicates that aquatic ecosystems can be protected...
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...one of the world’s biggest risks. Lake Erie is facing such a problem and has been since the 1960s. If this pollution is not controlled, it could be harmful to humans that live around the lake and also the animals who live there. The State of Ohio needs to enact a policy to clean up the pollution in Lake Erie and find a way to prevent pollution from happening. This hits home for me because I live in Willoughby right by Lake Erie. When I go to the beach I see how dirty the water is there. I hesitate to swim in it. Lake Erie is a beautiful lake when it is not so dirty, and we should try and preserve it. If we don’t it will be become so polluted that it will be considered dead, this happened in the 1960s due to all the factories dumping waste in to the Lake. It was literally a dumping ground and it even caught on fire a few times due to the toxic wastes. The phosphorus levels in Lake Erie are increasing due to the pollution causing harm to the fishes that reside in it. In 2014, Lake Erie had so much algae from pollution that it caused the City of Toledo to be left without fresh water. This algae was caused by the excessive amount of phosphorus in the lake. This excessive amount of Phosphorus is caused when the fertilizer is dumped into the lake by farmers. There has also been an excessive amount of plastic being found in Lake Erie. Scientists had done a study and they found the most amount of plastic in Lake Erie out of all the Great lakes. All of this plastic comes from trash...
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...Great Lakes: Great Decisions Leah Lasco BUS 499-BUSINESS ADMINISTRATION CAPSTONE Professor Bari Courts October 14, 2011 Perform an analysis of the social/demographic, technological, economic, environmental/geographic, and political/legal/government segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. Social/demographic: Great Lakes started as a successful, low-key corporation. With the acquisition of Octel, they stumbled on a gold mine. They had the ability to create more bromine but also but them as owner of a lead additive called tetraethyl lead (TEL). Socially, this has made them an enemy. TEL has caused the death and disablement of many. Society is not looking at Great Lakes as a hero. They are looking at them as a problem that needs to be dealt with. The terminated use of TEL would make them more favorable here in the U.S. as well as in other developed and developing countries. As they venture into more un-chartered territory to expand the use of lead gasoline, more lives will be put at risk. Mortality and disability rates will increase. Technological: Great Lakes does not have any technological issues. They have the capability to remove the lead additives and to stop producing them as well. Their products were sold not only in the US and other developed countries but developing countries as well. Some developing countries did not have the capacity...
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...Minnesota is known nationwide as the land of 10,00 lakes, and also the great white star of the north. In Northeastern Minnesota lies some of the last wilderness areas that are untouched by man, but also one of the most beautiful. This area is the Boundary Waters Canoe Area Wilderness containing the great Northwood forests of the Superior National forest, glacial lakes, and streams. According to the US forestry service The Boundary Waters region is also the most visited wilderness area in America containing 20% of all fresh water in the US forestry system with the region occupying roughly 1 million acres. However, this beauty is threatened by the proposal of sulfide mining by many companies, the most notable is Polymet, which has the most leverage and progression towards in enacting mining operations near the Boundary Waters area. This issue is very important, affecting the state of Minnesota and posing a risk to the human and environmental health. What is concerning is that by-product of Sulfide mining which is...
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...Great Lakes Water Wars Introduction Water is a requirement of all life, as “it dissolves organic molecules…allows for transportation in and out of cells; and it is involved in many of metabolic reactions in the cells,” (Bennett & Shostak, 2007). Water is therefore in high demand due to its importance need to sustain life. With a rising world population and increasing world pollution, is the supply of clean water is decreasing per capita against its forever growing demand. “While about three-fourths of the earth's surface is covered with water, only about 2.7 percent of it is drinkable,” (Allardice, 2005) “Some two-thirds of that is locked up in snow and ice,” (Ehewnman, 2003). Water is in conflict between countries as the quality of clean water per person is steadily decreasing. The Great Lakes, the biggest body of water in North America, and supplies water to Canada and the U.S. and its rivers are also used for Hydro powered damns. This paper examines the Great Lakes water conflicts between Canada and the U.S., by observing the drinkable water that can be supplied. While also observing the legalities and regulations of who has the rights to Canada’s massive water supply. Even if the water is in Canada’s country, they may not have complete control over it. Many solutions from one side, such as water diversion, have created concerns for the other. Due to Canada’s high water supply from other lakes and river systems, they do not as dependent on the Great Lakes as much...
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...499 Professor Eliopoulos July 11, 2011 Assignment# 1: Case 11: “Great Lakes: Great Decisions” 1. Perform an analysis of the Social/Demographic, Technological, Economic, Environmental/Geographic, and Political/Legal/Governmental segments to understand the general environment facing Great Lakes. Describe how Great Lakes will be affected by each of these external factors. Social/Demographic Segment-Ellie Shannon, the Division Manager for Great Lakes Chemical Corporation had a concern for what option was to offer regarding the continued use of lead based additives in developing countries. Even though it was not illegal to do so, Ms. Shannon considered the potential effects this decision would have on Great Lakes to compete in global markets and if it would impact the company positively or negatively as a corporate citizen. Technological Segment-Great Lakes was a company that always sought to keep up with technology and ways to make its product better. During the 1950s they focused on petroleum production and from there moved into the bromine and chemical business. Great Lakes developed chemical products for applications such as water treatments, specialty household cleaners, flame retardants, polymer stabilizers, fire suppressants, and performance chemicals. Great Lakes took on the production of lead additives and that is where they made the majority of their wealth. Economic Segment-Great Lakes made very wise decisions as far as investing in companies such as...
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